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R2,395,000

18 Zeederberg Road

The options are endless!

Huge commercial potential on the main road!
Across the road from Merrivale Spar, and surrounded by other businesses, petrol stations, warehouses, and apartment blocks, this property is right in the middle of a commercial buzz.
The property includes:4740m² ERF size260m² main buildingUnderground basement of similar size (to be restored)2x outdoor storerooms5x bedrooms (3 inside; 2 semi-detached)2x bathrooms1x kitchen1x dining room1x large living areawrap around veranda
The positioning couldn't be more perfect: Zeederberg Road is right inbetween the N3 offramp and one of the main accesses to Howick and the Underberg Road - perfect for a retail, office, accommodation or mixed-use development! Investors should note that the property's zoning was previously commercial, but the current owners had it rezoned back to residential. This makes the possibility of reverting back to commercial very plausible.
(Being the original Merrivale Hotel, with thick stone walls and hardwood floorboards, the property even offers BnB or restaurant possibilities!)
This is a must-see property, so take advantage now while prices are still low - Call me today!
*Sole Mandate

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
260m²
Land Size
4,740m²
Extras
Near Shopping Mall • Stone • En-suite Bathroom • Near Hospital • Near Shops • Near Highway • Staff Accommodation • Near Fitness centre • On Busy Road • High Traffic • Near Public Transportation • Near Golf Course • Veranda • Needs Renovation • Needs Redevelopment • Old Building • Fireplace Room • Near Motorway • Near Schools • Good reachable traffic
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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%
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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

33,330.96

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