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R5,900,000

Commercial property for sale in Lenasia ext 1

This commercial property located in Lenasia offers a unique combination of retail and residential spaces, making it a lucrative investment opportunity. The property features a ground floor with 5 shops, catering to various business needs. The first and second floors boast 8 spacious 2-bedroom apartments, providing comfortable living spaces for residents.


The top floor of the building includes 4 shops, with a mix of businesses like animal feeds, a mini-supermarket with a storeroom, and a herbal shop. The ground floor further accommodates 2 shops designated as a pawn shop, and 2 shops designated as a bar and club. This diverse range of businesses ensures a steady stream of foot traffic and potential for high rental yield.


The residential units on the first and second floors are designed for modern living, featuring bedrooms with built-in cupboards for ample storage, contemporary kitchens, comfortable lounges, and dining rooms. The apartments offer a stylish and practical living space for tenants seeking a convenient and well-equipped home.


Overall, this property in Lenasia presents a blend of commercial and residential spaces that cater to different needs and preferences, making it an attractive choice for investors looking for a multi-functional property with high potential for returns.


This property has an income generate of R37 555 per month

Features

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Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
400m²
Land Size
637m²
Extras
Near University/Campus • Safe Location • Near Airport • Brick • Near Park • Near Shops • Near Medical Center • Near Public Transportation • Near Shopping Mall • Security - System • Near Hospital • Near Bus • Alarm System • Near Children's Park
 
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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%
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

83,797.38

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