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R5,125,000

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Monthly Rates
R9,215 Excl. VAT

Perfect Opportunity to Purchase a Property in a Popular street with so many Options!!

Exciting New Listing!

Presenting a stunning property nestled in the vibrant streets of Berea/Selborne, offering a myriad of possibilities for its use. This versatile building boasts the potential for division into multiple sections, including an upstairs flat that can either be integrated or leased independently. Its adaptable layout lends itself perfectly to a range of purposes such as a showroom, restaurant (with the added advantage of an optional enclosed upstairs deck), office space, storage, and more.

Recently refurbished, the upper level features modernized offices complemented by a comfortable lounge area and a fully-equipped kitchen. Meanwhile, the ground floor hosts a welcoming reception area, presently utilized for storage. The property's flexibility and strategic location make it an ideal choice for those seeking a dynamic space to suit diverse business needs. Whether for retail, hospitality, office operations, or a blend of these, this property offers an enticing canvas for creative adaptation and functional utilization.

Features

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0
Zoning:
Retail
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
888m²
Land Size
444m²

Berea, 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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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

71,324.09

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