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R6,500,000

7 Spring Street

Prime Commercial Property for Sale at 7 Spring Street, Rivonia

Discover this exceptional commercial property located in the heart of Rivonia. With a total erf size of 2,338 sqm and an expansive building space of 672.5 sqm, this property offers a unique blend of functionality and potential. The current two-storey structure is designed with the capacity to expand to a third storey, providing added flexibility for growing businesses.

Key Features:

Parking: 34 parking bays, including 12 covered carports and 22 demarcated open bays, ensuring ample space for staff and visitors.
Storage: A secure, lockable storage unit (equivalent to 2 parking bays) equipped with an alarm system.
Coverage and FAR: With a coverage of 14% (327 sqm) and a Floor Area Ratio of 0.25 (585 sqm), the property retains additional coverage potential, offering opportunities for further customization.

Sale Price: R6.5 million excluding VAT.

Rivonia is a vibrant and sought-after business hub in Johannesburg, known for its excellent connectivity and thriving commercial scene. Situated near major highways and public transport routes, the area ensures seamless accessibility for employees and clients alike. Rivonia boasts an array of amenities, including top-tier restaurants, retail centres, and reputable schools, making it a highly convenient and attractive location for businesses. Tenants will benefit from the area's strong business network and high visibility, enhancing growth and brand presence.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
672m²
Land Size
2,338m²

Rivonia, 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

R Detail your expenses

%
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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