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R2,595,000

Commercial Building For Sale in Korsten

A great opportunity for an astute investor to purchase this Commercial property offering numerous options with the potential to generate a great rental income or to operate as a business. The property is positioned directly across the road from the Sidwell Traffic Department on the corner of Creswell and Relton Street's and offers excellent exposure as a mixed use business. It has the potential to offer either four offices and three flats or four flats and three offices depending on the intended usage. 
There are also two tandem garages providing secure parking for 5 vehicles, 3 outside toilets for the offices, an undercover storage area and an open area courtyard with 4 x 1000lt rainwater tanks.
All windows have burglar bars and security gates on all doors and the premises has a cctv camera system and electrical fencing.
The property has a 3-phase electrical supply, is close to all amenities, schools and easy access to Kempston Road and the N2 National Highway.

Features

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5
Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
486m²
Parking Bays
Open Parking Bays
5
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

36,484.52

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