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R7,900,000

22 Albert

Prime corner mixed use building for sale in the up and coming Woodstock precinct

*Dual Mandate*

This lovely corner property offers a variety of options to a prospective buyer with the ideal zoning as mixed use 2.

The property is situated on a corner and thus offers a retail ground floor along with two floors of accommodation. The building is fully tenanted and thus offers an income generating opportunity. The structure has strong bones and thus is well positioned for a mixed development in the near future. The zoning of the property does allow for the rights to add additional floors onto the building thus unlocking value and some lovely views.

The area has seen a number of developments over the last few years which was unfortunately slowed down but the Covid period. This said we are now seeing huge demand in this region as we see a large influx of people moving down to Cape Town. We are also seeing for a number of large scale developments set to take place over the coming months and years.

Get your hands on this great opportunity and make your mark on this up and coming Woodstock node.

Contact me for more information, rates, to discuss or to view

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
636m²
Land Size
219m²

Woodstock, Cape Town

Renowned for its artistic standing and Victorian architecture, Woodstock is also home to an array of trendy restaurants, creative media businesses and bustling markets. Modern day Woodstock is the perfect fit for the property owner looking to experience a vibrant suburb which combines a village atmosphere with a touch of city living.
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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

111,070.40

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