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R8,000,000

16 High Road, Bramley, Johannesburg

854m² Office For Sale in None Bramley

EXCELLENT INVESTMENT OPPORTUNITY – PRIME LOCATION RESIDENTIAL AND OFFICE BLOCK ON CORLETT DRIVE IN THE LEAFY SUBURB OF BRAMLEY

PRICE EXCLUDES VAT

Eleven office units, with ample parking, situated on Corlett Drive in the leafy suburb of Bramley. The current layout is perfect for conversion into a boutique hotel, residential units, student accommodation or an upmarket B & B.

Consists of two properties – one with business zoning, the other zoned Residential 1 with Consent Use.

Approved plans available.

Current potential rental income: R120 000 – R200 000

The office and residential park is developed over two stands, each measuring 1 487sqm. The property on offer, can be sold as two separate properties or as one property made up of two title deeds.

At a cost of approximately R1 000 000, the current units are sub-divisible into 25 residential units. Additional space available to create storage space for residential units and for a guard house.

MAIN FEATURES:

• 854 sqm buildings
• 2 974 sqm property
• Nine Units differing in size
• Open plan lay-out for versatile use of space
• Designed for maximum functionality
• Parking for 34 vehicles
• Pre-paid electricity
• Fully walled
• Large windows allow for ample natural light
• High speed internet connectivity
• Modern security systems
IN CLOSE PROXIMITY TO:

• Main arterial routes
• Shopping centers, high end restaurants, medical centers
• Melrose Arch
Contact agents for an exclusive appointment.




Features

0
0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
854m²
Land Size
2,974m²
 
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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

R
%

Monthly Payment

112,476.36

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