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R8,900,000

14 Marais Street

MARAIS STREET | OFFICE SPACE FOR SALE | DURBANVILLE CENTRE | 812MSQM

his large commercial building, situated in the heart of central Durbanville, presents an exceptional opportunity for investors. An existing tenant is keen to lease the auditorium, offering immediate income potential. The property benefits from its prime location, being close to all amenities and public transport. Zoned as Local Business 2 (LB2), it features a seating capacity for 300 in the main auditorium. As a sectional title unit, it allows for permissible development up to four levels, enhancing its versatility and value.

The property is ideally suited for various businesses, including corporate offices, coworking spaces, bed and breakfasts, churches, training centers, and consulting firms. The spacious auditorium is perfect for hosting seminars, workshops, or client presentations. For property developers, this building offers the potential to be converted into multi-use spaces such as retail outlets, fitness centers, or educational institutions. Key features include a ground-floor lobby currently configured as a coffee shop, future elevator provisions, a first-floor large auditorium, five individual office spaces, restrooms, a boardroom, meeting and training rooms, and a well-equipped kitchenette. Additional costs include property tax of R9,000.00 and water and electricity expenses of R6,000.00.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
812m²
Land Size
812m²
 
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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

125,129.95

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