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R4,280,000

379 (18) Central Road

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Monthly Rates
R1,600 Excl. VAT

COMMERCIAL OPPORTUNITY IN DEVELOPING PRINGLE BAY

“Vision is the art of seeing what is invisible to others.”
This commercial property presents a unique opportunity for investors and visionaries alike.
On ground level the property offers three shops plus a store room, sharing two bathrooms with a paved parking space, convenient for customers to have easy access to the shops. Two of the shops currently earn a rental income with a long-term tenancy. Two spacious one-bedroom apartments upstairs offer a great opportunity to create upmarket holiday apartments or to rent it out on a permanent basis. Both apartments open, with sliding doors, onto a balcony with built-in braai and tranquil mountain views.

This property is ideal for investors looking to capitalize on Pringle Bay as a developing coastal village that will keep it’s charm due to the surrounding conservation area. Whether you're planning to utilise part of the property for holiday accommodation or envisioning long-term rental income, this commercial building offers endless possibilities.
Connect with me today to discuss the development of Pringle Bay and how you can invest and benefit from the growth of the unique coastal village.

Features

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12
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
320m²
Land Size
494m²
Parking Bays
Open Parking Bays
12

Pringle Bay, Pringle Bay

Pringle Bay is a small coastal hamlet nestled under the Hangklip Mountain and forms part of a UNESCO Heritage Site known as the Kogelberg Biosphere Reserve. Situated between Gordon's Bay and Betty's Bay in the Western Cape's Overberg region, Pringle Bay's heritage dates back to the Stone Age when nomadic tribes roamed the rugged mountains and coastline. The Hangklip (hanging rock) Mountain is situated 484m above sea...
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

60,788.61

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