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Commercial Building with Flats for Accommodation

R 3,700,000

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3 months ago354 views
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General Details
Description
Sole Mandate:

A prime corner plot zoned as Local Business 2 (LB2) with an erf of 679sqms and building size of about 330sqms. It was tenanted by a church but are now vacant and waiting for its new owner.

This unique building is a great investment property and provides for low-intensity commercial and mixed-use development.

According to the COCT Municipal Planning By-Law, LB2 primary uses are shop, dwelling house, second dwelling, boarding house, B & B, flats, place of instruction, place of worship, institution, clinic, guest house, services, and veterinary practice etc.

It has the following features:

- A Double Door Reception.
- A Kitchen at Reception.
- Auditorium 1 with a toilet at reception.
- Auditorium 2 with a toilet and kitchen at the back of the building.
- Office 1 has its own entrance with double doors overlooking the parking area / Flat 1.
- Office 2 has its own entrance with 2 rooms and bathroom / Flat 2.
- Office 3 has its own entrance and kitchenette and ensuite / Flat 3.
- Office 4 has its own entrance with 2 rooms and a fireplace / Flat 4.
- A Batchelor Flat has its own entrance with a lounge, kitchenette, and bathroom.

Additional Extras include a tiled roof, an automated gate, prepaid electricity, security gates, burglar bars and outside lights. It is located within walking distance from McIntyre Street and Voortrekker Road,

Call me today for a viewing.

Property Reference #: CL310

Agent Details:
Randall Clarke
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville

Id Subtitle 1316695405
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Estimated monthly repaymentR 40,098
Total property loan amountR 3,700,000
Total interestR 5,923,319
Total repaymentR 9,623,319
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Louw and Coetzee Properties (PTY) Ltd
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