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R6,995,000

Old FNB Building, Bela Bela
Monthly Rates
R4,200 Excl. VAT

Prime commercial investment opportunity!

This 730M² versatile commercial building offers a world of possibilities and is ready to meet your investment needs.

A landmark in Bela Bela know as the "Old FNB building" FOR SALE....

Here's why you should consider this exceptional investment opportunity:

RENTAL INCOME - The property consist of 3 rental income producing sections - two of this three parts has tenants and rental contracts, producing an income of over R 65 000 per month. The part that is open can contribute another R 12 000 rental income per month.

LOCATION - you can not find a better location for a business property, the building is in the center of town on a prime corner stand with high visibility.

ZONING / BUSINESS RIGHTS - The property is zoned as business 1, with various business rights that can be used on the property including: Hotel, Multipurpose Centre, Medical Consulting Rooms, Shops, Vehicle Sales Lot, Tavern, etc.

The property features: 5 x Offices featuring air-conditioning, kitchen area, bathrooms (3), sufficient parking spaces, good security - burglar bars and security gates,

As a added bonus there is a vacant area of 450 square meters which can be developed and and utilized!

Please note the Seller is VAT registered, should the purchaser be a registered VAT vendor - VAT can be claimed back from SARS after registration.

This is one of Bela Bela's most valuable commercial building with endless possibilities and a secure investment for the future - do not let this opportunity slip through your hands.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
730m²
Land Size
1,559m²
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

99,349.61

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