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LANDMARK IN PRETORIA EAST : SHOPPING CENTRE FOR SALE : GREAT INVESTMENT : BUILDING PROSPERITY

EAST RIDGE BUILDING AND DESIGN CENTRE is centrally located between prime new developments on Lynnwood road, Pretoria East.
These includes the finalization of a private university and approved hospital. Development and growth in Pretoria East is booming and
will continue for many years to come. It is definitely a much safer area to develop , live and operate a business from. The location give
us the advantage to operate normally when it is difficult for other shopping centres in challenging and interrupting weather and political
conditions to function.

EAST RIDGE was developed in the”Activity Centre Principle”as found on the outskirts of most major Cities in the USA. The principle is to
provide retail facilities at low cost. This North Viewing, Prime Location in one of the busiest markets in Gauteng, make it a great investment.
It is easy accessible and located opposite the Boschkop Road turn-off.

The stand is 28 000 m2 and the buildings 2800m2. An architect is in the process with applications to develop another possible +-1000m2 for
the anchor tenant due to high pressure on their current available retail space and amazing growth. The plans to expand was made even more
necessary due to a constant influx of requests for new rental space. Tenants are comfortable to spend money towards infrastructure to meet
the demand of a rapidly growing customer base, realizing that they will reap the benefits in this expanding market.

The Centre consists off eighteen tenants, anchored by Savemore, Tops@Spar, Build-it and Pharmacy@Spar (all 4 SPAR brands). Except for electricity
supply from Tshwane , all other services are independently owned/managed. Profitability and growth, cobined with strong retailers, enabled all the
tenants to do business as usual in times of loadshedding with their own generating facilities. We are furthermore very fortunate to experience less
loadshedding than other areas.

East Ridge has built great personal relationships with our loyal and diverse customer base, through owners and personnel that operates as a family,
creating an enjoyable experience for our tenant and customers alike. A close and active community, active security company involvement and good
relationship with our servicing SAPS and good relationships with neighboring businesses are major contributing factors to create safety and stability.
This enables business owners to operate extended business hours, if the need arises, in a safe environment.

East Ridge, with its north facing, prime location, is a safe and friendly environment, almost a home away from home,
for most of our tenants and personnel, a great place to work and shop.

Call me now for a viewing!

Features

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0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
2,800m²
Land Size
28,000m²

Zwavelpoort AH, Pretoria

With the lilac splendour of Jacarandas as its trademark, Pretoria is located in the northern part of Gauteng Province and is the national administrative capital of South Africa, hosting the foreign embassies and diplomatic missions. It's here where colourful people from all over gather; where bustling trade and scintillating nightlife is offset by the tranquillity of nature reserves.  It's...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

482,900.16

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