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R15,000,000

VIP Village

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Monthly Rates
R26,000 Excl. VAT

Well established income-generating Property for sale in Ruimsig!!

This well-established income generating commercial property is situated on an access controlled 10’000 square meter stand. Located in a prime area in the up-market suburb of Ruimsig. There are 47 business units of which 45 are let. The tenant mix is varied due to the zoning been Specialized Business and Commercial. Offices, restaurant, Gym, Beauty Spa, Salon etc many of which have been established longer than 5 years. The units have use of a communal swimming pool, a walk-in cold room and lovely established garden. Borehole with 40’000L water storage and electrical solar backup.

10 Units have their own en-suite shower, basin, and toilet facility, 9 with electrical geysers and one has Gas. The other 36 units have the use of 6 communal toilet facilities. Four staff quarters, ample open parking space as well as shaded carports for tenants and their clientele. The stand has Hendrick Potgieter Road visibility. Full financials will be available to perspective qualified buyer for due diligence purposes. This is a highly profitable business only reason for selling due to owner re-locating. Call now. Private viewing will be arranged for qualified buyers.

Amenities within the area, Crawford and Kings private school, Nursery school, Monash University, Silver Star casino, Cradlestone Mall and walking distance to Ruimsig Golf Club. Close access to N14 highway.

Features

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Building Name:
VIP Village
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Land Size
10,000m²

Ruimsig, Roodepoort

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Disclaimer: While every effort will be made to ensure that the information contained within the Jawitz Properties website is accurate and up to date, Jawitz 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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

208,753.42

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