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R4,200,000

Monthly Rates
R1,790 Excl. VAT

Perfect Investment Property in Awesome Location

If you are Looking for that perfect investment property then Look no further.

The subject property is located in Wellington Industrial Park located 3km west of Wellington CBD. The site perimeter is security fenced with manned security from the main entrance. Full municipal services are available and connected. The perimeter of the site is fenced with palisade fencing with a sliding electronic gate for the main access.

This amazing and well located property in Wellington Industrial is being sold as a going concern and includes a 3 year lease with extra 2 year option at R39 994.99 Incl. Vat or R479 939.98/ year and a 6% annual increase making this a sought after building in one of the most perfect locations that will not leave you disappointed on the return on investment it can provide.

The building consist of 2 separate buildings:

Building A's Main Warehouse is 240sqm with 116sqm office space.
Building B's Main Warehouse is 272 sqm with 33 sqm office space.
It also has a insulated cold room of 21 sqm and store room of 19sqm making it approximately 700sqm in total.

The erf and building is zoned for Industrial use expanding the possibilities of trade to

- Animal care facility
- Freestanding mast
- Freight transport facility
- Fuel retail
- Industry
- Informal trading
- Light industry
- Mortuary
- Passenger transport facility
- Restaurant < 500m2
- Service depot
- Shop < 500m2
- Vehicles sales
- Vehicle services
- Warehouse

Height restriction as per the zoning is 11m permissible of which only 10,4 is as per plan and current buildings and the Coverage is permitted at 75% and only 60% is current leaving enough space for additional covering/ building/ roofing etc.

Do Not Hesitate to conatct me For more information and to book your private viewing.

Features

0
0
Zoning:
Industrial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
700m²
Land Size
1,034m²
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

59,652.37

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