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23 Main road

ON AUCTION 22 MAY 2024 - PRIME RETAIL SHOPPING CENTRE

ON AUCTION 22 MAY 2024 - PRIME RETAIL SHOPPING CENTRE

- NEIGHBOURHOOD RETAIL CENTER IN THE HEART OF MELVILLE, JOHANNESBURG
- GROSS ANNUAL INCOME ± R7 567 658.00 p.a.
- NATIONAL TENNANTS LIKE SPAR, TOPS, STEERS, CRAZY STORE AND JACK'S PAINT ANCHOR THIS CENTER
- THIS PROPERTY IS PERFECTLY LOCATED ON BEYERS NAUDE DRIVE AND WITHING WALKING DISTANCE FROM UNIVERSITY OF JOHANNESBURG

The subject property is a double storey building known as “The Boulevard”. It is built on two adjacent stands and the main building has a U-Shape design. It consists of ground floor shops with parking area located on a lower ground floor level. The lower ground floor parking is situated under the building of the northern wing but is located under part of the graded open parking area. The lower ground floor parking also accommodates a car wash facility. Service walkways are located on the ground and first floor level along the rear of the building. The centre is anchored by Spar, supported by Steers, Tops at Spar, Jack’s Paint and Hardware and Del Forno Grill. The tenant mix is completed by tenants such as Planet Nails, ABSA Bank and FNB ATMS, Crazy Store and a number of other local tenants. The Melville swimming pool is also located on this property and is managed by the City of Johannesburg.

Features

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0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
5,374m²
Land Size
9,907m²
 
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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

426,088.38

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