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R42,200,000

Property for sale in Somerset West

Situated on the main road. Approximately 1km from the N2. Fully tenanted building with three exceptional tenants with lease agreements between 3 - 7 years remaining. Offers a 10% yield. Price excludes VAT.

Somerset West is situated 20 minutes from Cape Town International Airport and 40 minutes from the Cape Town City Centre. The area stretches from Macassar to Sir Lowry's Pass and from the Helderberg Mountain to the N2 Highway, ending close to Gordon's Bay and The Strand. There is a train service from most Somerset West Property to Cape Town Station. Linked by well maintained highways, Somerset West is an excellent base for exploring the scenic Cape Peninsula, the Cape Winelands, West Coast Flowers and the Fruit Route starting in Elgin. All of this and so much more is what makes Somerset West a key tourist area and a highly sought-after area for property in South Africa.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
2,600m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the NG Property Brokers website is accurate and up to date, NG Property Brokers 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

557,676.11

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