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Retail Centre for Sale in Bryanston

This retail centre is for sale with business 3 zoning. The building under roof size is approximately 2000sqm and the Erf size is approximately 5000sqm. The property is 80% vacant. The building is currently zoned with retail rights. This retail centre is perfect for a reconversion for an owner occupier or redevelopment of the site for a small strip mall.

The site is located close to Republic Road & William Nicol intersection which feeds into the Northern & Western Suburbs from Sandton. The Municipality has developed an overall transportation plan - the Strategic Public Transportation Network (SPTN). This includes the Bus Rapid Transit routes; conventional bus routes; Gautrain bus routes; the East-West Link Route, which has been planned for the future. All of which will aid the developer in a mixed use/residential development of the site. Town planners believe that a development of around 28-30,000sqm is easily achievable and would be welcomed by the Council at this important landmark site.

The corner site adjacent to Erf 485 is also For Sale, should the two erven be combined a total stand size of 7500sqm can be achieved.

Features

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0
Title:
Freehold
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
2,000m²
Land Size
5,000m²

Bryanston, Sandton

BRYANSTON AT A GLANCE: Bryanston is widely considered to be one of the most affluent areas within the Gauteng province and is a part of the commercial and residential area Sandton. Originally an independent suburban area, post-1994 it became the mandate of the City of Johannesburg Metropolitan Municipality.  Property in Bryanston is particularly large hence many have converted these premises into bigger units to...
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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

14,202,945.91

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