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R13,225,000

15 Wolfe Street

Prime retail property for sale in the iconic node of Chelsea Village

This property is ideally located in the well known precinct of Chelsea Village, Upper Wynberg and offers a unique investment opportunity to a savvy buyer. This node is well known for its high end retailers and businesses which attract high end clientele. Companies such as art galleries, antique stores, estate agencies, and popular coffee shops have made themselves at home here over the years.

The site offers a rentable area of 510 sqm over 2 floors. The ground floor is recently vacant but offers a prime street facing retail unit which is ideal for any business but particularly suited to restaurant/coffee shops, art galleries, estate agencies, bespoke designers, etc. There is also a full commercial kitchen installed, a walk in fridge, reception area, and neat guest toilets.The 1st floor is shared between a high end hair salon and Beauty spa with a great track record and set clientele. This floor offers a light and bright space with an exclusive open balcony which is a massive value add.

Overall this charming property offers an investment opportunity for any investor looking to get into this precinct or alternatively any owner occupier looking to house their own business in the attractive and central node. This sale is also inclusive of VAT and does not attract transfer duty.

Contact me to arrange a viewing or to find out more about rentals, rates, floor plans, etc.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
510m²
Land Size
311m²

Wynberg Upper, 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

187,833.96

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