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7,672m² Investment For Sale in Florida Glen

This property is going on an online auction, please visit the BidStream website for more information.

Visit South Africa's first homegrown online property auction website and register to bid.

Auction Date: 27 May 2021
Time: 9:00 - 12:00

-Bidding Deposit R50 000 (refundable if not the winning bidder)
-FICA documents required
-Contact Aiden van Dyk for more information

The Motor Village is located at the intersection of three of the busiest roads in the West Rand. Hendrik Potgieter, Gordon Road, and the on-ramp to the N1 North.

The property has exceptional exposure for tenants as well as excellent access to the freeway via the Gordon Road interchange.

The Motor Village is a popular home to a variety of motor-related tenants such as motor dealerships, motorbikes, quad bikes, and related accessories to the industry.

This property features 5000m2 of bulk which can be developed on adding to the value of this property.

-Tenanted retail commercial premises providing steady rental income
-Highway facing (N1 Highway)
-Excellent exposure to the public and commuters via Gordon Road and Hendrick Potgieter
-14,150m2 ERF | 5000m2 Bulk On-site
-Rent roll and income statement available on request
-Property Sold Subject To Confirmation

Features

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Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
7,672m²
Land Size
14,150m²
 
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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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