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R15,800,000

Monthly Rates
R9,650 Excl. VAT

956m² Retail For Sale in Gordons Bay Central

COMMERCIAL PROPERTY FOR SALE IN GORDON’S BAY CENTRAL!!

This is a rare opportunity to purchase / invest in the Western Cape, in a Commercial zoned property situated in the heart of Gordon's Bay in a popular shopping centre and close to the main beach.

This mixed-use building is divided into a number of retail units with commercial rights, of which all are currently occupied. (Lease Agreements are available for inspection upon request). This property offers 956m² of rental space under roof, currently generating a total gross income of R1 465 000 p.a. (excl. VAT).

Gordon’s Bay is growing in popularity every day and this investment will be difficult to beat with a yield of 9%. Seller is registered as a VAT vendor, thus a zero rated transaction.

ALL SERIOUS BUYERS can call me today to arrange a viewing or for further information.

Features

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0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
956m²
Land Size
1,269m²

Gordons Bay Central, Gordons Bay

Gordon’s Bay was named after the remarkable Robert Jacob Gordon, born in 1743 – a soldier in the Dutch defense force, of Scottish origin. He discovered Gordon’s Bay in 1773 whilst undertaking a botanical expedition.  When one approaches Gordon’s Bay from the Stand the huge GB sign and anchor are visible on the southern side of the Steenbras Mountain. This is the emblem of the...
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In the news

Own a Lifestyle of Culture in Gordon's Bay
Owning property and living a leisure lifestyle on Cape Town’s Eastern seaboard means tasting the nectar of low-intensity village life and high culture in Gordon’s Bay.   Spanning along the gorgeous Cape Whale...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

208,798.16

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