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PRIME COMMERCIAL RETAIL CENTRE AND MOTOR SHOWROOM!!!

- Prime Commcercial Retail Centre situated in Central Krugersdorp.
- Made up of 9 Erven that have been consolidated in to one.
- The stand is currently split in to 17 sections for income generating purposes.
- The makeup is as follows: Shop no. 1 , 2 , 3 , 4 , 5 , 6 & 7 are made up of various sized retail shops. Shop no. 8 is made up of an open spaced motor showroom. Shop no. 9, 10, 11, 13 & 14 are made up of retail shops in various sizes (under roof). Shop no. 15 is a store and toilet area. Shop no. 16 is a church with a school. Shop no. 17 is a carport area that is used by a mechanic. Shop no. 18 is a vacant space.
- The property contains caretakers accommodation which comprises of two store rooms, with two other communal toilets.
-There is plenty of off street secure parking for both shoppers and tenants behind the security gate.
- The retail section is neatly developed.
- The face break wall makes ease of maintenance and makes it aesthetically clean.
- The shop fronts are square an all have decent security gates which makes them secure.
- 7 of the shops are directly on the street front which offers good exposure and street appeal with good passing trade.
- The balance of the 5 Shops are accessible through the passage of the motor dealership.
-The property situated in the corner of Van Breda and Kruger Streets is occupied by an open motor vehicle showroom with a motor mechanic directly behind. Entrance to these premises is gained by either two of the adjoining streets. These premises have car ports, which is used for shelter by the mechanic and the motor dealer.
- The back portion of the property is vacant land used by a scrap metal dealer

Roof: Corrugated Sheeting
External Walls: Face break and plastered and painted brickwork
Internal Walls: Face brick, plastered and painted.
External Floors: Tiles/Concrete/Paved walkways
Internal floors: Tiled
Condition: The building appears to be in good condition requiring minor maintenance. Renovations to some shops have taken place. There is no evidence of roof leaks of structural damage. The building is kept very clean and neat. All maintenance and upkeep is managed by the owners directly.

Features

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25
Title:
Freehold
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
5,948m²
Land Size
5,948m²
Parking Bays
Open Parking Bays
25
 
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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

13,916,894.66

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