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R10,500,000

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Strip Mall for sale Ravensmead 11% CAP

Welcome to the Ravensmead Strip Mall, a vibrant commercial hub with a total floor space of approximately 1700 square meters. Anchored by Shoprite U Save, a leading grocery retailer that ensures steady foot traffic and draws in a diverse customer base, this strip mall is a cornerstone of the community.

The tenant mix is thoughtfully curated to cater to a wide range of needs and interests. Alongside the popular Shoprite, you'll find a Trailer Hire Company, offering convenient vehicle rental solutions; a Fisheries, providing fresh, quality seafood; and a Chisa Nyama, serving up delicious South African BBQ for those craving flavorful grilled delights.

Adding to its appeal, the strip mall features two residential units. One bedroom and a two bedroom unit.

The building itself is in excellent condition, reflecting meticulous maintenance and care. Its prime location ensures easy access to all essential amenities and major transport routes, making it a highly convenient and sought-after destination for both business and residential needs.

Features

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0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
1,700m²
Land Size
4,981m²

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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

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Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
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Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
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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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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

147,625.22

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