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R2,500,000

21 4th Avenue
Monthly Rates
R4,792 Excl. VAT

Commercial property for sale in Newton Park

21 4th AVENUE | NEWTON PARK | COMMERCIAL INVESTMENT PROPERTY

Presenting a prime investment opportunity: a 297 sqm tenanted commercial premises for sale on 4th Avenue in the sought-after Newton Park. This property comprises three separate units, each with established tenants, ensuring a steady income stream for the new owner.

The premises boast neat finishes throughout, creating a professional and welcoming environment. Each unit is equipped with air conditioning and blinds, enhancing comfort and privacy. The wooden floors add a touch of elegance, while security gates and burglar bars provide peace of mind. The property also features ample ablutions, yard space, and parking, catering to the needs of tenants and visitors alike. The paved front section adds to the property's curb appeal and functionality.

Located in Newton Park, this commercial premises benefits from its position in a vibrant and well-connected area. Newton Park is known for its bustling commercial activity, making it an ideal location for businesses seeking visibility and accessibility.

Potential tenants will appreciate the convenience of nearby amenities, including shops, restaurants, and public transport options. The area’s dynamic environment fosters networking opportunities and business growth, making it a strategic location for commercial enterprises. Newton Park's reputation as a thriving business hub ensures that tenants can benefit from the area's foot traffic and connectivity.

Features

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Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
297m²

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Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the API Property Group website is accurate and up to date, API Property Group 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

34,084.67

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