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R1,870,000

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Monthly Rates
R1,300 Excl. VAT

Investment Opportunity

A wonderful investment opportunity awaits you in the heart of the Bathurst Village.

This unique commercial building, situated on the main road through Bathurst, known as The Workshop. This property is very well maintained and in an excellent condition. This property consists of gallery space, office space, workshop space, single garage, double garage, 2 separate flats, a large rainwater reservoir tank which can be pumped into the building when municipal water is unavailable, all of this set in a well maintained garden. The Workshop currently has 7 rental incomes all under one roof with the possibility of an extra 3 rental incomes.

Bathurst is a quaint little village steeped in history and in close proximity to Port Alfred and Grahamstown. Close to world class schools, hospitals, shops, malls and blue flag beaches.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
661m²
Land Size
3,223m²

Bathurst, Bathurst

Bathurst is situated equidistant from East London and Port Elizabeth and close to Port Alfred and Grahamstown. This quaint little Settler village of around 1500 erven is the home of 500 residents and dubbed the Little England of the Eastern Cape. The eclectic local culture is built around the local artists, the little pubs, great food and lots to see and do in a microclimate where anything grows and...
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Disclaimer: While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's 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

24,712.19

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