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Industrial Complex for Sale

Calling all Investors: a great opportunity to invest by in a well-established industrial complex, where 9 of the 10 units are currently let.
This full-title complex, which comprises seven, well-maintained, general industrial units, is for sale in the Noordhoek area.
The units all have a ground floor, accessible through roller-shutter doors, as well as an upstairs office area.
All the units have a 3 phase power supply.
The total lease able area is 1630 m² and the asking price is calculated based on the land value and a replacement building cost of R8,500.00/m².
Potential income yield equates to R114 629 per month, with expenditure estimated at 8%, and a 9% cap rate.
Don’t miss out on this great opportunity.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,630m²
Land Size
1,631m²

Sunnydale, Noordhoek

Noordhoek lies to the south of Cape Town on the western side of the Cape Peninsula. Property and real estate investors are attracted to Noordhoek by its rural atmosphere and stunning setting. The village is spread out along one of Cape Town's best beaches at the foot of the Peninsula mountain chain. Properties have spectacular views of the mountains and also out across the Atlantic Ocean. Noordhoek is a horse...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group 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:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

191,618.57

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