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R13,500,000

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Monthly Rates
R7,600 Excl. VAT

🏢 Introducing a Dynamic Newly Built Commercial Complex

Nestled along the picturesque Marine Drive in Brighton Beach, this newly constructed commercial complex stands as a beacon of modernity and opportunity. Boasting a total of 11 Sectional Title Units and 2 shops, each with either balconies or patios offering breathtaking ocean views, this property represents the epitome of contemporary urban living and investment potential.

Residential Units Designed for Comfort and Style

The ten 2-bedroom units, spanning 62 square meters each, offer a harmonious blend of style and functionality. Featuring contemporary finishes throughout, including fully tiled open-plan lounges and kitchens equipped with fitted cupboards and plumbing for washing machines, these units ensure the utmost comfort for tenants. The bathrooms are thoughtfully designed with spacious showers, toilets, and basins, catering to the discerning needs of modern living. Currently, 6 of these units are tenanted, generating a rental income of R8000 per month.

Additionally, there is a luxurious 3-bedroom unit, also boasting high-quality finishes and two bathrooms, commanding a rental of R12000 per month, currently occupied.

Commercial Opportunities Galore

Beyond residential offerings, this complex houses a convenient grocery store accessible from the front, generating a steady rental income of R30,000 per month. Moreover, the expansive first floor presents a further income potential of R15000, suitable for a restaurant or gym, promising lucrative returns for savvy investors.

Environmentally Conscious Features

Embracing sustainability, the complex incorporates green features such as solar geysers fitted on the rooftop and six jojo tanks with 5250 liters of storage, ensuring efficient water usage. Furthermore, pre-paid electricity meters are installed in all units, promoting energy conservation and cost-effectiveness.

Secure and Convenient Lifestyle

Residents enjoy peace of mind with automated gates and open or undercover basement parking, with two parking spaces allocated to each unit. The secure environment ensures the safety of tenants and their belongings.

Prime Location with Easy Access

Strategically situated on Marine Drive, Brighton Beach, the complex offers unparalleled convenience with easy access to amenities, public transportation, and major thoroughfares, enhancing its appeal to both tenants and customers alike.

Professional Management for Peace of Mind

With professional management in place, investors can rest assured that their property is meticulously maintained and efficiently managed, minimizing hassles and maximizing returns.

Stable Income Streams

The diverse income streams from residential rentals and commercial spaces provide stability and resilience against market fluctuations, making this investment an attractive option for long-term growth and prosperity.

Seize the Opportunity

This comprehensive offering represents a lucrative investment opportunity in a prime location. Don't miss out on this enticing prospect—contact us today to delve into the possibilities and secure your stake in this thriving commercial complex.

Schedule a viewing and experience firsthand the potential for success and prosperity that awaits within these walls.

Features

25
15
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
2,300m²
Land Size
2,840m²
Parking Bays
Covered Parking Bays
25
Open Parking Bays
15

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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

 

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Monthly Payment

189,803.85

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