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R13,999,000

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Monthly Rates
R8,398 Excl. VAT

Multi Tenanted Office Block For Sale In New Germany

Calling All Investors !!!

This ideal investment opportunity has just been listed at a phenomenal price. Situated in prime area in New Germany off Shepstone Road this business opportunity will be ideally suited for the avid investor. New Germany has easy accessibility to the M19, public transport and centrally located for staff to commute.

The unit is a stand alone within a complex proximity hosting a staggering 1600 sqm of office space with 46 allocated parking bays. Each of these bays are yielding a nett income of R 400.00 per bay over and above the monthly income that each unit is yielding.

The property has three levels and each section is divided into different offices to suit each tenant. Each level has its own kitchenette and ablution facilities. All tenants have lease agreements in place and brings in a monthly income of 2.5 million per month. This is a phenomenal income on a property that is readily available to be grabbed up.

The market will suit the investor that needs a good return on his investment or an office that wants to move into the entire downstairs floor and still receive income from the remaining offices available.

The property is completely fenced and gated and has security at its doorstep. It is AAA grade and neat as a pin with no renovations necessary. This should definitely be on your viewing list.

Contact Tracy Maharaj now to view this steal of a buy !!!

Features

20
20
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
1,600m²
Land Size
2,000m²
Parking Bays
Covered Parking Bays
20
Open Parking Bays
20

In the news

Chas Everitt Pinetown team giving back to the local Community
It's our Chas PMC Team giving back to our local Community. Thank you to every Sponsor, our Principal Tracy Maharaj, and our Staff for opening their Hearts and wallets to the Ethelbert Child and Youth Care Centre. Great Team...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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 Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

198,827.04

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