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R1,295,000

M5 WEX1 Apartment Building

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37m² Business For Sale in None Woodstock

WEX1 APARTMENT BUILDING LAUNDRY BUSINESS / LAUNDRY UNIT FOR SALE

WEX1 is an iconic new 10-storey, mixed-use building opposite the Woodstock Exchange in Albert Road, with restaurants, shops and offices on the double-volume ground-floor, two floors of parking and six floors of apartments. Cool industrial-chic new urban design and offers rental accommodation plus storage units to rent and buy. MyCiTi bus stop, cycle track and railway on your doorstep. Swimming pool, gym and massive entertainment deck.

Laundry business on 1st floor right next to storage units, cap rate of 10%.

Unit can be purchased individually for R145 000.
Laundry Business selling for R1 150 000.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
37m²
Land Size
37m²

Woodstock, Cape Town

Forget the polished perfection of some Cape Town suburbs. Woodstock is where the city's edgy, creative heart beats loudest. Old factories covered in vibrant street art, vintage shops crammed with treasures, bustling design studios, and the tantalizing aroma of artisanal coffee... that's Woodstock in a nutshell. It's a place that embraces its industrial past while confidently forging a unique identity. A...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

18,022.38

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