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R21,750,000

Fairland House

Prime retail with Main Road exposure for sale in central Salt River

- Exclusive Listing By Appointed Agent -

This prime retail space is ideally located along the busy Main Road in Salt River. The property falls part of the Fairland House sectional title development and includes the entire ground floor retail portion.

The property is zoned mixed used 2 and offers 1744 sqm of prime retail space with a full glass frontage onto the Main Road. There are also a number of parking bays situated directly outside the entrance to the property along with ample street parking on the side road adjacent. There is vehicle delivery access from the side road which could be customised to allow back of house vehicle access if required.

The area sees high levels of vehicle traffic and has seen increase development over the past few years. This has drastically increased the quality of the area which has thus attracted a number of national tenants. Plans for development of nearby buildings are currently underway which shall increase the already great prospects of the area. The location is arguably the most central location when considering the high LSM nodes of Cape Town. This is also boosted by the easy arterial Road access to the building which drastically decreases travelling times from both your southern suburbs, central business district, and the Northern suburbs.

The property shall be sold with one tenant in occupation taking up 50% of the property. Thus a potential investor or an owner occupier would have income on the property when purchased. Contact me for more info on this.

Feel free to contact me to discuss this unique opportunity or to arrange a viewing.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,744m²
Land Size
1,744m²

Salt River, Cape Town

Also known as the Mother City, Cape Town plays host to a multitude of beautiful areas and incredible cultures. Located in the southern point of the peninsula, Cape Town has become one of the most incredible places to visit in the world. From deep rooted cultures to incredible beaches, this is the place perfect for those looking to experience all the aspects that make this place a worldly recognized location.
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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

308,914.07

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