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R6,500,000

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R8,700 Excl. VAT

Commercial Block With Approved Site Development Plans For Sale

This suburban commercial block in Blairgowrie is for sale.

Just minutes from Delta Park and Jan Smuts Avenue, this two-storey building is a rare find for this part of Johannesburg.

The building is approximately 1500sqm under roof, where the ground floor houses 19 secure parking bays. The front of the building is overflow and visitor parking under shade.

Each of the 1st and 2nd floors are approximately 500sqm, and ready for use due to current dry wall partitioning. There are bathrooms and a kitchenette on each floor, and the 1st floor has a balcony.

*Redevelopment Project*
The City of Johannesburg has recently approved plans to redevelop the building to mixed use, i.e. Retail and Residential.
This includes:
* 6 x two bedroom apartments, incl. two garages in the basement, storeroom, private balcony with gas braai, solar geyser, gas stove.
* 2 x three bedroom apartments, incl. two garages in the basement, storeroom, private balcony with gas braai, solar geyser, gas stove.
* A bistro on the ground floor.
* Backup generator.
* Caretaker flat.

A mere 7 km from Sandton City and 6km from Rosebank Mall, this is a gem of an opportunity. The redevelopment of Blairgowrie and Craighall could have this property being the heart and soul of community.

Call to discuss further.

Features

19
8
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,500m²
Land Size
724m²
Parking Bays
Basement Parking Bays
19
Open Parking Bays
8

Blairgowrie, Randburg

Blairgowrie is a large suburb in central to northern Randburg. Conveniently situated, this suburb is close to all surrounding Randburg facilities and amenities. There are several schools within easy reach of Blairgowrie including the Blairgowrie Primary School and a crèche. This makes the suburb an ideal place for families to shop for properties as parents won't have to travel far to give their children a...
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Market value

R6,500,000

Offers from

R6,250,000

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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

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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

92,319.15

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