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R16,000,000

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Introducing a prime commercial property nestled in the vibrant heart of Observatory, strategically p

Introducing a prime commercial property nestled in the vibrant heart of Observatory, strategically positioned on a bustling thoroughfare. This mixed-use gem offers an array of possibilities with its unique features and advantageous location. Situated on a busy road, this multi-story building stands as a testament to modern versatility. The property is equipped with 3 phase power, catering to a wide range of businesses seeking efficient and adaptable energy solutions.

The ground floor space is used as car facility with great potential while the first floor of the building used for a general working space. The second floor with its amazing views can be used to add an additional floor that stands out with an enticing prospect - roof access. Imagine the possibilities this feature opens up, whether it be for a rooftop lounge, garden, or even the potential to construct another floor, further expanding the available space. Parking is often a premium in bustling areas, but not for this property. With several dedicated parking bays, accessibility is a breeze for both employees and clients.

Whether you are an investor with an eye for potential, a business owner seeking a dynamic location, or someone with a vision to transform spaces, this commercial property in Observatory beckons with its mixed-use charm, power capabilities, rooftop potential, and ample parking. Seize the opportunity to make this versatile space your own and be part of the dynamic business landscape in this bustling locale.
This property is advertised excluding vat, feel free to contact Tyrone should you require additional information for this property or to schedule a viewing.

Features

0
8
Title:
Freehold
Zoning:
Mixed Use
Interior
Power 3 Phase
Yes
Power Amps
60
Exterior
Security
No
Sizes
Floor Size
720m²
Land Size
455m²
Parking Bays
Open Parking Bays
8
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
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MONTHLY REPAYMENTS

 

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Monthly Payment

222,670.31

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