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14 Rabie Street, Fontainebleau, Randburg

Fully Fitted Spa and Restaurant / Redevelopment Upside - On Auction - 22 May 2024

ON AUCTION 22 MAY 2024 - FULLY FITTED SPA AND RESTAURANT / REDEVELOPMENT UPSIDE

The subject property provides for an Asian styled restaurant, spa and beauty salon situated on a single erf.
The property is being sold as a going concern and the sale includes the restaurant and spa business that utilizes the entire space (the property can also be bought separately from the business). However the property still renders itself to a multitude of potential business uses.
The majority of the building is built on a single level but it includes a small second story flat.
The L-shaped building allows for a spacious paved parking area.

The eastern cuisine and styled restaurant provides for multiple dining areas, a sushi bar and two fully kitted kitchen spaces.
The multi-award winning spa and beauty salon provides a modern reception area and a wide array of treatment rooms, sauna and bathing - each including air conditioning, individual sound systems and lighting layouts creating ambiance and ultimately the perfect place for rest and relaxation.

Additional features include a borehole, 100kVA Generator, multiple staff accommodation rooms, and security cameras and sensors.

The property is located in the central Randburg suburb of Fontainebleau, just off the busy Malibongwe Drive on the corner of Rabie and Aimee Streets.

Key features:
- Fully functional restaurant
- Multi-award winning Spa
- "Business 2" zoning
- High exposure corner site

Contact me for more information regarding the property, business and viewings.

Features

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Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,206m²
Land Size
2,220m²
Extras
Air Conditioner • Borehole • Alarm System • Change Rooms • Closed Circuit TV • Guard House • Lighting • Toilet • Sauna
 
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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

127,826.51

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