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R4,200,000

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Monthly Rates
R8,531 Excl. VAT

Refurbished Grand Colonial Building - Option to run as a School or offices

**Versatile Mahestic Building suited for School/Office Facility in Southernwood**

Presenting an outstanding property in Southernwood, currently serving as a school. This adaptable space blends functional design with convenience, making it ideal for a wide range of uses. Here’s a comprehensive overview of what this property offers:

**Ground Floor:**

- **Two Offices:** Perfect for administrative work or private meetings.
- **Spacious Open Plan Hall:** Featuring wooden floors, this area is great for assemblies, events, or large gatherings.
- **Toilet Facilities:** Conveniently available for students and staff.
- **Fully Equipped Kitchen:** Ready to handle daily meal preparations.
- **Wrap-Around Patio:** A lovely outdoor area for breaks and informal meetings.

**First Floor:**

- **Landing with Large Library Area:** A peaceful space for studying and reading.
- **Two More Offices:** Suitable for faculty or administrative purposes.
- **Carpeted Boardroom:** Spacious and with access to a wrap-around balcony, perfect for meetings or small conferences.

**External Structures:**

- **Large Room with Toilet Facilities:** Can function as an additional classroom, workshop, or activity room.
- **Storeroom with External Access:** Provides ample space for storing supplies and equipment.

**Additional Features:**

- **Large Yard:** Offers off-street parking, potential for outdoor activities, and opportunities for expansion.
- **Prefabricated Buildings:** Six prefab buildings are available for sale through negotiation, ideal for extra classrooms or office space.
- **Alarm System:** Ensures the safety and security of the property.

This property is a rare gem in Southernwood, offering extensive space and various functional areas to support a thriving educational environment or other business ventures. With its strategic layout and additional facilities, it presents limitless possibilities for the discerning buyer.

Features

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9
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
676m²
Land Size
1,356m²
Parking Bays
Open Parking Bays
9

Southernwood, East London

East London, also known as Buffalo City, lies between the Nahoon River in the North & the Buffalo River in the South.  It is the second largest city in the Eastern Cape & the only River Port in South Africa. The subtropical climate of the area guarantees temperate weather conditions throughout the year and that, plus the warm Indian Ocean lapping the pristine beaches, contribute to it being a sought-after...
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In the news

Bigger and better for Chas Everitt East London
There is nothing permanent except change, as the saying goes, and that is certainly true for the Chas Everitt International office in East London, which has recently changed management and moved to new premises. "We know there...
 
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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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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

58,450.96

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