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R21,150,000

Fully let offices for sale in Randburg

Fully let investment opportunity for sale
Lease summary:
- 8 year lease with gross rental = R223 000 per month starting 1
March 2019
- Annual Lease escalation at CPI,
- All municipal charges, levies and consumption charges are paid for
by the tenant over and above the gross rental.
- Landlord is only responsible for rates and taxes, building
insurance, and a small security contribution.

The building is constructed of face brick with a reinforced concrete frame. The buildings security is provided for with electronic boom and spiked access. A security office with ablutions. 8 strand electric fences on the north and east boundaries and 23 strand electric fences on the south and west boundaries of the property. CCTV cameras are located throughout the property. The building provides a 40m2 IT room with raised flooring and gas. A 150KVA generator is located in the basement of the building with both internal and external diesel tanks. The building also has a small lift.

Features

104
0
Title:
Freehold
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
2,783m²
Parking Bays
Covered Parking Bays
104
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Eris Property Group website is accurate and up to date, Eris Property Group 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.

R
R

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

R
%

Monthly Payment

282,434.99

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