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R12,000,000

220 Fox street

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Monthly Levy
R1 Excl. VAT
Monthly Rates
R19,000 Excl. VAT

Five Story Commercial Building in City & Suburban For Sale

Ideally positioned close to the expanding Maboneng District, this 5 story commercial building is ideal for conversion into
residential units. As it stands, there is much renovation to be done. In the immediate vicinity of he building, there are many examples of commercial buildings being successfully converted int residential apartments in the area. The owner is already renting out space for residential use.

Features include: Main entrance with tiled walls and floor, offices on each floor, 6 toilets on each floor, ground floor has 4 showers, 3 rooms in the basement, concrete roof, 2 passenger lifts , 1 external goods lift, basement parking for 25 cars, 3 roller shutter doors

CITY & SUBURBAN
The suburb lies in the Johannesburg CBD with Marshalltown to the west and Jeppestown to the east. Prior to the discovery of gold on the Witwatersrand in 1886, the suburb lay on land on one of the original farms that make up Johannesburg, called Doornfontein. Lying close to the Main Reef gold deposits, parts of the farm were proclaimed as gold claims with this suburb was settled by prospectors from Natal and hence called Natal Camp, one of two original camps established, prior to the surveying of Johannesburg, the other being Ferreirasdorp. The area is named after the original mine, City and Suburban Mine, that lay on the southern reaches of the suburb. It was established as a suburb in 1896.

Features

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0
Zoning:
Industrial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
4,500m²
Land Size
992m²
Extras
24 Hour Access • Accommodation • Air Conditioner • Basin • Blinds • Burglar Bars • Electric Garage • Electric Door • Entrance Hall • Factory • Fibre • First Floor • Freestanding • Ground Floor • Internet Port • Metropolitan • Multi Storey • Office • On Street Parking • Open Plan Room • Oven & Hob • Recreation Room • ADSL • Residential • Retail • Secondfloorandabove • Secure Parking • Security Gate • Shower • Storage • Storeroom • Suburban • TV Antenna • TV Port • Telephone Port • Third Floor • Visitors Parking • Warehouse • Tiled Floors

City & Suburban, Johannesburg

Johannesburg...Joburg...Jozi...The City of Gold. It's a city that goes by a variety of names, and which has won acclaim around the world for various factors. From the urban vibes of Johannesburg's CBD, which has undergone a major rejuvenation, to many other areas such as Sandton, which has evolved from dirt roads to Africa's richest square mile, Gauteng's biggest city has much to offer. In the 130+ years since...
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

170,435.35

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