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R1,950,000

Monthly Bond Repayment R20,795.38
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R6,000

314SQM COMMERCIAL PROPERTY IN WIERDA PARK ON 595SQM ERF EXCELLENT DEVELOPMENT & INVESTMENT POTENTIAL

314SQM COMMERCIAL PROPERTY IN WIERDA PARK ON 595SQM ERF EXCELLENT DEVELOPMENT & INVESTMENT POTENTIAL IN WIERDA PARK CENTURION.

A neat well designed and spacious commercial site, an excellent investment potential. The spacious commercial site in located in the heart of Wierda Park in Centurion close to main roads, several neighbouring residential suburbs, with easy access to highways. The stand is large, approximately 595sqm (and the building under roof is approximately 314sqm) with ample parking space inside and outside. The nearby sprawling suburbs include Wierda Park, Eldoraigne, Clubview, Stoneridge, Heuweloord, Heuwelsig as well as Wierda Park CBD. There are also other residential areas been developed nearby thus increasing the footprint in the area. The residential areas of Lyttelton Manor, Doornkloof and Irene are also a short distance away and the N14 and N1 a short distance away that would connect this area with Krugersdorp in the west and Johannesburg/Sandton in the south. This is a gautrain bus route with the taxi route and taxi depot not very far away, thus making the location of the shopping centre a potentially popular stop over. The building is spacious, large, airy and ideally situated in the middle of the suburb. The centre is very visible and the shops have enormous scope to expand and broaden its marketing perspective and can potentially quadruple its total business outlay within a short space of time with the correct marketing exposure. The commercial site is very visible, well located and with proper management can easily modernise it, thus increasing its appeal to the general public, considering the fact that there is already existing businesses alongside the site.
The building has a secure entrance leading to a ware house with neat wooden floors. As you step into the neat premises with pebble stone floors, there is another doorway leading to a second warehouse with double volume ceiling as well as a roller shutter door. Alongside the shutter door is a complete bathroom with basin, toilet and shower. The roller shutter door leads the side yard enclosed with a double gate leading out into the yard.
The rear end warehouse leads via a metal staircase to the floor above. There is a small kitchenette with a basin, the floors are carpeted and there is also a toilet with basin. The carpeted warehouse leads to another smaller warehouse with two very neat office spaces. The second staircase then leads you back downstairs.
The yard space is private, brick paved with an enclosed back yard.
The warehouse has a street front, well secured and can be utilised for warehousing, office space, shop with office space or a medical facility. There is ample parking space both within the stand or outside.
The building has three phase electricity.
The site is zoned for business and the buildings may be used for
Shops
Offices
Restaurant
Gymnasium
Service Industry
Confectionary
Car Sales Showroom
Banks
Medical Suits
Dwelling units

The erf cannot be utilised for
Noxious Industries
Industries
Light Industries
Scrap Yard

The commercial site has potential for several shops that can attract a range of clientele including doctor's surgery, hair salon, hardware, car wash, food outlets including supermarket.
The commercial site is well located and is close to main roads like Willem Botha and Ruimte that connectss nearly all the vicinity's suburbs and shops. The main road of the suburb and all traffic coming in or going out has to pass the shopping centre. The area is relatively safe and there has been no major incidents as of late due to the constant traffic flow.
The site is very well situated with most amenities nearby including other smaller shopping centres, hospitals, primary and high schools both English and Afrikaans. The surrounding area is busy and relatively neat.
There are also several shops and businesses alongside the premises and thus providing this commercial site with enormous potential to expand into a fully fledge business site,
There are no major defects and the overall structure of the building is sound with vast potential.
The street is neat clean and quiet and the neighbourhood is safe, friendly and supportive. The shopping centre is surrounds by houses townhouses and flats thus making it a choice for support amongst the local residents.

Features

0
3
Interior
Bathrooms
3
Sizes
Floor Size
314m²
Land Size
595m²
 
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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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

20,795.38

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