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R6,500,000

98 4th Street

School Space for Sale at 98 4th Street, Parkmore, Sandton

This exceptional 420 sqm property in the heart of Parkmore, Sandton, is the perfect location for an educational institution or similar establishment. The space is thoughtfully designed to cater to diverse needs, featuring a welcoming reception area, modern bathroom and kitchen facilities, and expansive open-plan sections. Neat flooring and standard lighting fixtures are complemented by ample natural light, creating a bright and inviting environment conducive to learning. Outside, a large, versatile area offers additional possibilities for activities or future expansion, while ample parking ensures convenience for staff and visitors alike.

Asking Price: R6 500 000 excluding VAT.

Nestled in Parkmore, this property is ideally situated in a safe and vibrant community that boasts easy access to Sandton's business hub, retail centres, and public transport routes. The area is known for its family-friendly atmosphere and proximity to various amenities, including parks and reputable schools. This prime location ensures consistent demand for educational facilities and provides a secure, well-connected base for students, staff, and families.

With its strategic location and adaptable layout, this property is a rare opportunity for buyers seeking to establish or expand a school or similar venture in one of Sandton’s most sought-after neighbourhoods.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
420m²
Land Size
420m²

Parkmore, Sandton

Sandton is home to the wealthiest square mile on the entire African continent. In 1969 it was formerly an independent town, however, today it falls within the mandate of the Johannesburg Municipality within the Gauteng province. The name is derived from two of the suburban areas within close proximity to each other, Sandown and Bryanston. Commercial Hotspots “There’s no doubt about it,...
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Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the OfficePlace website is accurate and up to date, OfficePlace 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

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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

90,459.82

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