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1,170m² Retail For Sale in Riversbend

Commercial sectional title property for sale off the R72 in Riversbend. Selling price is exclusive of VAT.
Located 125 km's east of Port Elizabeth, 175 km's west of East London and 2 km's from the Barefoot Capital of the World, Kenton-on-Sea.
Measuring 4 328 m2 , with 1 160 m2 floor size, consisting of 6 units ( an additional unit owned by a 3rd party) and the indefinite period lease of 2 public spaces from the local authority at R1,00 p.a. for circulation space and additional parking, totaling just under 7 000 m2.
The 6 units are used as a liquor store, estate agency office, gallery / gift shop, restaurant with outside play area and a nursery.
Being zoned as Business 1,3 & 5, huge potential exists for further development on the undeveloped portion of the property, in the form of general business purposes, town houses, flats, place of entertainment, place of instruction, offices and service station.
The latest financial records will be available to qualified buyers.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,170m²
Land Size
4,328m²

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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

81,933.46

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