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3,411m² Investment For Sale in Lea 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

This is an excellent opportunity to purchase an industrial property tenanted by a longstanding blue-chip tenant.

This tenanted warehouse consists of large unencumbered floor space well suited to storage and distribution. a small internal office component, storage rooms, and a workshop.

The height to eaves is approximately 5.5 meters, with two 4.5m roller shutter doors leading on to Amanda Avenue. There is also a separate smaller entrance to the warehouse along the Western facade.

This property is equipped with a functioning sprinkler/compressor system, and the construction consists of a clear span steel structure with walls built of brick and IBR sheeting. The roofing and insulation are in good condition and fitted with adequate lighting.

-GLA: 3,411m2 ERF Size 4017m2
-100% Occupancy, tenanted by a single longstanding blue chip tenant
-2x 4.5m steel roller doors
-1x Staff Entrance
-1x Workshop Entrance
-Emergency exits
-Functioning sprinkler/compressor system throughout warehouse
-3-phase - 250amps
-High yielding investment commensurate to the market
-Clear span steel structure with brick walls

Features

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0
Zoning:
Industrial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
3,411m²
 
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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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