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9 Beare

Retail Investment In The Heart Kuruman Cbd - On Auction 21 November

On Auction 21 November - Retail Investment in Kuruman CBD

This exceptional retail property is set to go under the hammer on November 21, 2014, providing a unique investment opportunity in the bustling heart of Kuruman's CBD. With a strategic location and a reliable national anchor tenant, this property promises strong income potential and long-term growth.

Gross Leasable Area (GLA): ± 2,097 m²
Erf Size: 2,354 m²
Zoning: “Business 1”
Gross Annual Income (GAI): ± R1,062,014.32

National Anchor Tenant: The presence of a reputable national tenant enhances the stability of rental income, providing peace of mind for investors. This tenant draws a consistent customer base, further boosting footfall in the area.

Zoning Advantages: The “Business 1” zoning allows for a variety of retail and commercial uses, offering flexibility for future development or leasing opportunities.

Strong Financials: With a GAI of approximately R1,062,014.32 per annum, this property demonstrates solid financial performance, making it an appealing prospect for investors seeking reliable income.

This retail property in Kuruman CBD is a rare opportunity for investors looking to enhance their portfolio with a well-located, income-generating asset. Don't miss your chance to acquire this valuable property at auction on November 21, 2014. For further details and to schedule a viewing, please contact us today.

Features

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0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
2,097m²
Land Size
2,354m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Broll Auctions and Sales website is accurate and up to date, Broll Auctions and Sales 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

168,714.53

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