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R15,200,000

Monthly Rates
R26,605 Excl. VAT

Prime Commercial Property in the Heart of Heidelberg CBD

Welcome to a rare opportunity in the bustling heart of Heidelberg CBD! This standalone commercial building boasts an impressive array of features that make it an ideal investment for savvy entrepreneurs and investors alike. With eighteen diverse retail units, each brimming with potential, this property promises lucrative returns and endless possibilities.

Spanning a generous 5157 square meters, this expansive property is home to eighteen retail units of varying sizes. Currently, all units are occupied, underscoring the desirability and profitability of this prime location. Lease agreements are in place, offering stability and a steady income stream with rental rates ranging from R5,000 to R19,500 per month. Strategically positioned facing surrounding streets, these units enjoy high visibility and foot traffic, ensuring maximum exposure for businesses. Ample parking for customers enhances convenience, while paved areas add to the overall appeal.

The substantial size of this property provides ample space for retail operations, with each unit thoughtfully designed to optimize functionality and appeal. The layout is conducive to seamless business operations, facilitating smooth customer flow and operational efficiency.

What sets this property apart are the diverse range of businesses it hosts. From a vibrant upstairs restaurant and bar to clothing stores catering to local schools, the offerings are as varied as they are enticing. Additional amenities include hairdressers, electronic stores, supermarkets, bakeries, and more, ensuring a vibrant and thriving commercial ecosystem. Each unit is equipped with security doors, prioritizing safety and peace of mind for tenants and customers alike.

The price of this exceptional property includes VAT, presenting a transparent and straightforward investment opportunity. With all units currently leased, the potential for immediate rental income is within reach, making this an attractive proposition for discerning buyers.

Heidelberg CBD is a dynamic and growing community, characterized by its vibrant atmosphere and strategic location. Surrounded by a mix of residential and commercial establishments, this property benefits from a robust local economy and a steady influx of foot traffic. With its proximity to essential amenities, transportation hubs, and major thoroughfares, the potential for long-term growth and success is undeniable.

In conclusion, this commercial building represents a rare chance to own a piece of Heidelberg's thriving business landscape. Whether you're an investor looking for a lucrative opportunity or an entrepreneur seeking the perfect storefront, this property offers the ideal platform for success. Don't miss out on this chance to secure your place in Heidelberg's vibrant commercial scene!





Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
5,157m²
Land Size
5,157m²
 
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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

211,536.80

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