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Amazing investment opportunity!
R 27,150,000
Can I afford this?25 Photo(s)
9 months ago328 views
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General Details
Location:
Description
BUSINESS FOR SALE.
Comprising of 2 title deeds:
1. Land Size 1,9613 ha with all the buildings on
2.Land Size 2,2462 ha vacant stand with commercial rights that can be further developed, and this property has the borehole on
SPAR CENTRE:
The Main Facility (Spar) comprises of a large retail area and covered entrance and is also provided with a storage and receiving area. It offers fast food, butchery, and bakery services. Also provided is a Tops Bottle Store and is provided with a storage area. The building also offers two sets of male/female ablutions, a seating area and three storage units (garages). Also provided is a 350KVA Generator and a 2 JOJO water tanks.
SHOPS/OFFICES:
This single storey structure, divided into 6-line shops and 2 offices with a covered walkway. An open seating area is provided, which is being used by the restaurant. The restaurant is also provided with a proper kitchen.
RESIDENTIAL- WHITE HOUSE
The construction consisting of plaster and painted brick constructed under a corrugated iron roof, with basic finishes, fixtures, and fittings. Consist of one bedroom with a bathroom and open plan lounge, dining room and kitchen.
RESIDENTIAL- JASMIN’S COTTAGE:
The construction of plaster and painted brick constructed under a corrugated iron roof, with basic to average finishes, fixtures, and fittings. Consists of a 3-bedroom house, bathrooms and a lounge, dining room and kitchen.
RESIDENTIAL SHELLEY’S SHED (OWNER DWELLING)
The construction consisting of plaster and painted brick constructed under a corrugated iron roof, recently renovated, with high finishes, fixtures, and fittings. Consists of a 3-bedroom house, 2 bathrooms, utility rooms and a lounge, dining room and a modern kitchen and storeroom. The house is also equipped with a console air-conditioner.
SERVITUDES:
There is a power line servitude over the property, which has little impact on the value and usability of the property. There is a 60m building line applicable from the R33 (SANRAL)
This commercial property is very well located with established and sought after tenants. The vacant adjacent erf is sold together with this commercial property because the borehole is located on that property. It is also registered as commercial property; thus, expansion is possible. This property is ideal for investors!
Property Reference #: BSH-CS00073
Agent Details:
Arnold van Zyl
Century21
Sparrow Shopping Centre,Nelson Mandela Dr,Modimolle
Comprising of 2 title deeds:
1. Land Size 1,9613 ha with all the buildings on
2.Land Size 2,2462 ha vacant stand with commercial rights that can be further developed, and this property has the borehole on
SPAR CENTRE:
The Main Facility (Spar) comprises of a large retail area and covered entrance and is also provided with a storage and receiving area. It offers fast food, butchery, and bakery services. Also provided is a Tops Bottle Store and is provided with a storage area. The building also offers two sets of male/female ablutions, a seating area and three storage units (garages). Also provided is a 350KVA Generator and a 2 JOJO water tanks.
SHOPS/OFFICES:
This single storey structure, divided into 6-line shops and 2 offices with a covered walkway. An open seating area is provided, which is being used by the restaurant. The restaurant is also provided with a proper kitchen.
RESIDENTIAL- WHITE HOUSE
The construction consisting of plaster and painted brick constructed under a corrugated iron roof, with basic finishes, fixtures, and fittings. Consist of one bedroom with a bathroom and open plan lounge, dining room and kitchen.
RESIDENTIAL- JASMIN’S COTTAGE:
The construction of plaster and painted brick constructed under a corrugated iron roof, with basic to average finishes, fixtures, and fittings. Consists of a 3-bedroom house, bathrooms and a lounge, dining room and kitchen.
RESIDENTIAL SHELLEY’S SHED (OWNER DWELLING)
The construction consisting of plaster and painted brick constructed under a corrugated iron roof, recently renovated, with high finishes, fixtures, and fittings. Consists of a 3-bedroom house, 2 bathrooms, utility rooms and a lounge, dining room and a modern kitchen and storeroom. The house is also equipped with a console air-conditioner.
SERVITUDES:
There is a power line servitude over the property, which has little impact on the value and usability of the property. There is a 60m building line applicable from the R33 (SANRAL)
This commercial property is very well located with established and sought after tenants. The vacant adjacent erf is sold together with this commercial property because the borehole is located on that property. It is also registered as commercial property; thus, expansion is possible. This property is ideal for investors!
Property Reference #: BSH-CS00073
Agent Details:
Arnold van Zyl
Century21
Sparrow Shopping Centre,Nelson Mandela Dr,Modimolle
Id Subtitle 1219664318
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Estimated monthly repaymentR 294,227
Total property loan amountR 27,150,000
Total interestR 43,464,353
Total repaymentR 70,614,353
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Century21
Selling for 3+ years
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