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R9,400,000

Monthly Rates
R5,000 Excl. VAT

Business and Commercial zoned property for sale in Northmead. - Lifestyle Terrace.

An absolute once in a lifetime opportunity for investors, with an approximate 10-12% yield.
Situated across the road from the well renowned. Northmead Square, this centre offers 7 double sized shops (90m2) and 7 single sized shops (20-45m2). Total 14, with 14 leases in place.
Each shop has its own prepaid electricity. Toilet facilities and kitchenette.
The 14 tenants include a tea garden, with a wedding/party venue, conference facilities and much more.
There is more than sufficient parking for customers, with with the entire centre being in mint condition.
24 Hour security is in place (guard) with CCTV cameras.
There is also speakers installed in the centre to cater for music on the walk ways.

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Features

0
0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
1,300m²
Land Size
2,714m²

Northmead, Benoni

Benoni is a sprawling city situated on the East Rand of Gauteng. This area forms part of the Greater Johannesburg region, and since 2000 has been part of the Ekurhuleni Metropolitan Municipality. The "City of Lakes" as it is now known, was proclaimed a municipality in 1907, and achieved city status in October 1992. Whilst Benoni started as a “gold town” it has evolved over the years and is...
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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

 

LOAN AVAILABLE

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Monthly Payment

124,221.69

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