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R3,500,000

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Monthly Levy
R1 Excl. VAT
Monthly Rates
R2,138 Excl. VAT

Prime Investment Opportunity in Observatory

Discover the potential of this exceptional double-volume corner property, strategically located in the vibrant heart of Observatory. This commercial gem is now available for sale, presenting a unique blend of versatility and lucrative prospects for the savvy investor. Nestled in the trendy Observatory area, this property enjoys proximity to bustling urban life, renowned establishments, and excellent connectivity.

Make a statement with this eye-catching double-volume corner property, ensuring maximum visibility and presence for your business.
The property offers a unique blend of commercial and residential spaces, catering to a diverse range of investment strategies.
Ground Floor Restaurant Space: The ground floor, currently a cafe, is primed for a new chapter in gastronomic excellence. Featuring a roller shutter door for easy access, a small yard space for quick access, bathroom facilities, and a kitchen area with ample storage, this area is ready for your entrepreneurial vision.
First Floor Apartment: Ascend to the first floor, where a stylish 2-bedroom apartment awaits. Boasting 1 bathroom, an office area, and an open-plan kitchen and lounge, this living space is designed for contemporary comfort. Step outside onto the balcony to enjoy fresh air and panoramic views.

Whether you envision a thriving restaurant, a trendy office space, or a unique live-work concept, this property is a canvas for your imagination. Don't miss out on this chance to own a piece of Observatory's vibrant landscape.
This sale property is advertised excluding vat, to arrange a viewing or for enquiries please contact Tyrone

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
207m²
Land Size
207m²
Parking Bays
Parking Ratio
1 bays / 100 m²

In the news

28 Scott Street - Commercial Property in Observatory
28 Scott Street in Observatory is a commercial building renowned for its vibrant atmosphere and appeal to creative industries. With a unique architectural style, it stands out in a neighborhood known for its mix of residential...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Vermaak Properties website is accurate and up to date, Vermaak Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

48,709.13

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