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R32,500,000

7000 -

Residential Conversion Opportunity!!

This multi-level building is made up of the ground floor plus 5 levels. The property can easily be converted into residential units or student accommodation. The lifts are in good working order. There are also very high roller shutter doors on Goud and Mooi street, for easy access and exit for deliveries. The ground floor is made up of retail space. Cell C and Telkom are also renting the rooftop, with 2 year leases in place.

There is a 2 year lease in place with the anchor tenant, Hi-Q. The other tenants are on a month-to-month basis.

The property can be accessed either via Marshall/Goud/Mooi street. There is parking available on the ground floor. The building boasts 2 sets of passenger lifts at the Goud and Mooi street sections. The property is conveniently situated across the road from the ABSA head office. The Carlton Centre is a walking distance away.It is also situated in close proximity to the Jewel City development, which is currently underway. The University of Johannesburg Doornfontein campus is about 2km away. It is conveniently situated in Mooi street, which connects easily to the M1 and M2 highway network system.Public transport facilities nearby.

Features

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0
Title:
Freehold
Zoning:
Mixed Use
Exterior
Security
Yes
Sizes
Floor Size
11,000m²
Land Size
11,000m²
 
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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

452,299.08

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