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R575,000

Monthly Levy
R520 Excl. VAT
Monthly Rates
R420 Excl. VAT

70m² Building For Sale in Somerset West Central

MINI INDUSTRIAL UNITS

The selling price is R575 000 plus VAT.
Are your neighbours or your wife tired of you running your business out of your garage. This is perfect for a start-up for the entrepreneur. Some of the units could be used by carpenters, boilermakers, bakeries, meat processors, breweries, etc. Maybe you are looking to store your boat, household items, etc? Either way you’ve reached the right location!
It’s an excellent investment. Rental income about R5600 – R6000 plus VAT per month. The levy will include CCTV, armed response, water, refuge and sewerage and will be +- R550.00 / month. Each unit is approximately 7m x10m. The Platinum Park Body Corporate (that consists of 18 x +-70sqm Mini Heavy Industrial Factories unit) will be established and managed according to the Sectional Title Act’s Rules & Regulations. This includes management of maintenance, levies and administration. As an owner, you will have the right to be a Trustee on the Board and have voting rights in appointing the managing agents. Rates & taxes will approximately be R420.00 per unit.
The Park is situated 550m from the N2 highway, 45km from Cape Town, 30km from the Cape Town International Airport and 23km from Grabouw. Construction completion date approximately end of February 2019.

Features

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Zoning:
Industrial
Exterior
Security
No
Sizes
Floor Size
70m²

Somerset West Central, Somerset West

Somerset West forms the largest part of the Helderberg basin, consisting of the Strand, Gordons Bay & Somerset West. Somerset West property offers you the convenience of city amenities 5 minutes from a world-class beach area in the Strand - all without losing its small town feeling and character.  Located on the eastern edge of False Bay, it is within 20 minutes of Cape Town International airport, 45 minutes from...
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Disclaimer: While every effort will be made to ensure that the information contained within the CCH (Cape Coastal Homes / City Country Homes) website is accurate and up to date, CCH (Cape Coastal Homes / City Country Homes) 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

 

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Monthly Payment

7,678.49

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