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R4,300,000

80 Rinaldo Road

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Monthly Levy
R5,176.8 Excl. VAT
Monthly Rates
R9,224.6 Excl. VAT

417m² Factory For Sale in Red Hill

LOCALITY
This property is ideally accessed from Chris Hani Road (the old North Coast Road), and is located on Rinaldo Road, the area is well established with light to medium industrial property and is a short distance from the N2 Freeway off-ramp. These units are in demand and have great occupancy levels.

PRIMARY USE
This property enjoys 3 parking’s, plus visitors parking and has excellent security. The total property area size is 417m² it has a reception with double door entrance, front shop retail area with double door entrance, two large printing production areas, with staff ablutions and 2 large office space upstairs with ablutions.

The approximate dimensions as follows:

Admin office upstairs = 68m2

Reps office upstairs
Height – 2.430
Length – 5.550 x 5.170 = 28.69m2

Office Downstairs
Height- 2.390
Length – 5.470 x 2.670 = 14.60m2

Reception/ Retail Downstairs
Height- 2.540
Length – 9.300 x 3.600 = 33.48m2

Toilet/Change room Downstairs
Height 2.360
Length 4.750 x 3.600 = 17.10m2

Factory Size = 255m

There is a tenant in place that would want to extend their lease for a further year from transfer.

Features

3
3
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
417m²
Building Height
3m
Parking Bays
Covered Parking Bays
3
Open Parking Bays
3

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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

R
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Monthly Payment

61,072.67

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