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R1,690,000

Lucrative Commercial Opportunity, excellent Location!!! Modimolle Limpopo

Excellent location!!! Commercial property, currently tenanted is for sale...This 500sqm retail outlet is situated on the main road leading to the town and it is the first set of businesses you see before driving a few kilometres more to the town centre. This shop premises, located on a prime spot is an envy of so many businesses in the twon centre all competing for a slice of the market.
The premises, due to its location, are a unique investment opportunity of a lifetime in terms of durability and passive income. There is plenty of parking available outside the premises making deliveries easy, safe and quick.
The property also has a storeroom and a complete one bedroom unit with a bathroom at the back which could either be rented out or utilised as an accommodation for a staff member. There is also an ablution facility on the premises. There is a storeroom and a kitchen at the rear end of the shop and a covered back yard currently utilised as a storage facility by the current tenant.
This unique jewel set in a peaceful and quiet neighbourhood and yet close to the town centre is an amazing investment opportunity that is just waiting for your call...call right away and makes this your life long investment for a healthy and a regular passive income.
The location is peaceful, quiet and safe and close to the schools, businesses and major roads.
The floors are neatly and evenly tiled throughout the premises.
The street is neat, clean and quiet and the neighbourhood is safe, friendly and supportive.
The premises have no apparent defects and there is very little maintenance required on the building and the walls and structure are solid. As mentioned the shop premises is ideal also for investors who would like to rent it out.
The shop is centrally situated with most amenities nearby including shopping centres, hospitals, primary and high schools both English and Afrikaans. There are also numerous shop amenities nearby and schools both English medium are closely located. There are also several pre-schools nearby.
Vicinity
Modimolle, formerly Nylstroom, is a town located near the southern edge of the Waterberg Massif in Limpopoprovince, South Africa. It is a medium-sized town that focuses primarily on agriculture and farming (citrus, grapesand cattle) as well as wildlife and tourism. Modimolle is also located approximately 135 kilometres (84 miles) north of Pretoria, South Africa's capital city.
The Waterberg Biosphere spreading north, a UNESCO designated Biosphere Reserve, contains approximately 15,000 square kilometres (5,792 square miles). Waterberg is the first region in the northern part of South Africa to be named as a Biosphere Reserve by UNESCO. The extensive rock formation was shaped by hundreds of millions of years of riverine erosion to yield diverse bluff and butte landform.[2] The ecosystem can be characterised as a dry deciduous forest or Bushveld.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
500m²
Land Size
522m²
 
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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

24,002.98

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