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R6,300,000

38 Bright Street

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Monthly Rates
R3,800 Excl. VAT

Freestanding Building for sale in Somerset West

Investment opportunity!

Newly renovated freestanding building for sale in sought after Bright Street, Somerset West.

The property spans over 972sqm and has two buildings of +-300sqm and +-90sqm respectively.

The front building of about 300sqm is currently occupied and generates a great monthly rental income.

The back building of about 90sqm is currently occupied by a retailer and offers an open plan layout with a small kitchenette, sliding doors that lead onto the paved backyard, and an added storage area. It also has air-conditioning and an outside cloakroom.

The premises has security beams and a Paradox alarm system, fitted generator, paved backyard that is ideal for outside seating, parking for at least five cars behind a roller shutter door, and ample parking in front of the building. The property has a Local Business 2 zoning.

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Contact me for more info and a viewing.

Features

5
6
Title:
Freehold
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
390m²
Land Size
972m²
Parking Bays
Covered Parking Bays
5
Open Parking Bays
6

Audas Estate, Somerset West

Somerset West Area Profiling: Intro Somerset West is a beautiful town  in the Helderberg area, surrounded by mountains and vineyards, with scenic views of the ocean towards False Bay. The area has a Mediterranean climate with winder rainfall.  There are beautiful residential gardens which squirrels and guinea fowl frequently visit. History In 1672 Dutch soldiers established a cattle post here, then in...
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Disclaimer: While every effort will be made to ensure that the information contained within the Vermaak Properties website is accurate and up to date, Vermaak Properties 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

89,478.56

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