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R3,900,000

319 Lower Main Road

Versatile property for sale in the bustling node of Lower Main Road

* Sole Mandate *

This unique property is ideally located in the energetic node of Observatory and offers two neighbouring properties well suited for a wide range of businesses or upliftment ideas. These can be sold separately if required.

The property has a stunning facade onto Lower Main main Road and offers two neighbouring ERFs namely: 319 and 321 Lower Main. The two properties have separate entrances but are interlinked internally. By far the biggest value add is the ample parking on offer. There is space for around 6 vehicles on the curbside and another +- 5 vehicle at the back. The zoning of General Business 1 also allows for flexibility thus allowing a live and work environment or even a multi-tenant environment catering for the demands of the market. Both properties are have ample water and waste points along with ample toilets. There is 3 phase power available and a 1st floor hoist gantry for large items. Both also have prepaid electricity and offer +- 185 sqm of rentable space each side over two floors.

With a quick clean up and paint this property could be ideally suited for your business or your next property venture. Contact me to discuss all possibilities or find out more regarding rates, plan, etc.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
370m²
Land Size
386m²

Observatory, Cape Town

Observatory is one of Cape Town's most Victorian-esque suburbs owing to its alternate, artistic and vintage feel to it all wrapped into one. The colourful homes, narrow streets and close proximity to cafes, restaurants and bars, make it a popular place to relocate. Observatory is also one of Cape Town's most appealing suburbs for young families and students who are studying at the University of Cape Town,...
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Disclaimer: While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty 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

54,275.89

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