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R20,000,000

30 St Georges Mall Street

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COMMERCIAL, INVESTMENT & DEVELOPMENT OPPORTUNITY

**INVESTMENT OPPORTUNITY - ATTENTION INVESTORS!**

This fully occupied building features two retail stores on the ground floor, housing well-established tenants with favorable annual escalations. The second floor is leased on a month-to-month basis to a diverse mix of businesses, including a ladies' salon, men's barber, jewelry repair service, and laundromat.

With a net rental income of R1,570,000.00 per annum, detailed expense reports are available upon request.

Located at 30 St Georges Mall, this property enjoys a prime position in the city center, offering excellent access to transport links.

Currently, the building spans two stories but has the potential for expansion up to 20 floors, covering 450m² of floor space. The second floor boasts high ceilings, with the option to add a mezzanine level.

Surrounded by a variety of restaurants and retail shops, this area benefits from high foot traffic and visibility, making it highly sought after.

Contact us today to schedule a viewing!

Features

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0
Building Name:
30 St Georges Mall Street
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
241m²

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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

275,500.02

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