Restaurant · For SaleRef CL88
Zoned and Licensed
R 4 000 000
Sanddrift, Milnerton
Key facts
- Type
- Restaurant
- Floor size
- 395 m²
- Land size
- 545 m²
This property is an ideal acquisition for aspiring restauranteurs, or those looking to expand their portfolio.
The kitchen is fully kitted, including extraction and drainage, and all furniture and appliances are included in the sale.
The property is zoned for business and carries trading and on-consumption liquor licenses.
Ample parking, indoor and outdoor seating as well as a fully enclosed bar.
The property is ideally located mere blocks off Koeberg Road. It borders one of Cape Town's most prominent industrial nodes as well as providing a large residential catchment area.
Priced to sell for an owner occupier, the transaction will attract VAT.
Call Jackie (Specialist 13) to view and for further information.
Good to know
What is the asking price?+
This restaurant is on the market at R 4 000 000.
How big is it?+
The floor size is 395 m², on a 545 m² erf.
Where is it located?+
It's in Sanddrift, Milnerton.
Bond repayment
Estimated monthly repayment
R 39 013
On a R 3 600 000 bond over 20 years at 11.75%.
Transfer costs
- Purchase price
- R 4 000 000
- Transfer duty (SARS)
- R 217 356
- Transfer & conveyancing (est.)
- R 46 250
Estimated once-off costs
R 263 606
Indicative only - bond registration costs excluded; your conveyancer confirms final figures.
Pre-qualified before you offer
Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.
Call 087 474 0483