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172 Makabeni Road

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R1,857 Excl. VAT

Commercial property with potential - Live Modern Auction

Harcourts Certified & Transparent Non-Distressed Auction Platform!
Bidding to start from R900,000! Live Modern Auction!
Auction date: 28 November 2024 unless sold prior!
All offers are encouraged. Submit an offer at any time before the auction to stop the auction - loan or cash.
The Seller has chosen to use Harcourts Auctions' Non-Distressed Auction Platform for Serious Sellers.
A large property is up for auction. It is best described as versatile and with significant potential for various uses, appealing to both investors and local organizations.
Property Overview:
Type -Community Center
Location: Situated in a well-connected, central part of the community, close to local amenities such as schools, parks, public transport, and police station.
Zoning: The property is zoned for community use but may offer the potential for rezoning depending on future development needs.
Key Features:
• Reception area & waiting room
• 10 enclosed offices
• Boardroom
• Clinic area
• Large hall for community gatherings, training centre or recreational activities.
• Kitchen Facilities available, making it suitable for hosting events that require food preparation and service.
• Recreational room
• Restrooms
Parking: Ample parking is available on-site for staff, visitors, and event attendees. The whole property is fenced and has an automated gate.
Potential Uses:
• Event Venue: Perfect for weddings, social events, cultural festivals, and large-scale gatherings.
• Nonprofit Hub: Ideal for charitable organisations, local non-profits, or community groups to use as headquarters.
• Recreation and Sports: Could be converted into a gym, sports hall, or recreational centre for youth and adult activities.
• Education and Training: Suitable for hosting workshops, training programs, or continuing education classes for the community.
Viewing on appointment, please.
Don't miss this extraordinary opportunity – call today
- No Buyers Premium (no Auctioneers fee) - seller to pay the commission
- Full Finance Options Available
- Offers Accepted before Auction Day
- All property reports, available on request
- Seller to arrange compliance certificates and rates clearance certificates for buyer
- Regular open hours to view before the auction
- The seller has a Non-Disclosed Reserve Price
- Opening bid R900 000!

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
472m²
Land Size
1,106m²

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Market value

AUCTION

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R1,000,000

Offers for this listing must be made in R50,000 increments. More Info

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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

12,653.59

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