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R18,000,000

62 Allan Road

62 Allan Road | Prime Commercial Property for Sale in Midrand

This prime commercial property in Glen Austin, Midrand is for sale. The property consists of 28 en-suite guest rooms, offices, a reception area, 2 conference rooms seating maximum 200 delegates in total, a dining area/restaurant with seating for approximately 80 people, a kitchen , staff accommodation with 3 rooms. 1 room with an en-suite bathroom and the other 2 rooms share separate toilets and showers, 3 storerooms and a pool.

The property has a neat garden with plenty of trees and is situated behind secure brick and plaster boundary walls. The driveway and parking area is paved. Parking for approximately 100 cars. Zoning/Consent Use - “Institution” 50 bed rehabilitation or step down facility. Price R18 000,000.00 excluding VAT.

Situated on Allan road, Midrand, with easy access from N1, both from Pretoria and Johannesburg.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,800m²
Land Size
8,565m²

Glen Austin AH, Midrand

Midrand has often been referred to Halfway House, largely due to its geographical positioning as its situated in between the Centurion and Kyalami areas and its considered to be one of the most centrally situated places in the entire Gauteng Province. The town was established in 1981 as a municipal area of greater Johannesburg. As the new ruling party took over in 1994 the area was amalgamated into the...
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In the news

Why Midrand is considered Johannesburg's new Commercial Property Hotspot
Midrand is a bustling suburb roughly half way between Johannesburg and Pretoria. While Sandton has always been looked to as Johannesburg's key business and commercial hub, Midrand is now giving Sandton a run for its money in...
 
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Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the OfficePlace website is accurate and up to date, OfficePlace 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

255,653.03

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