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Income generating Commercial Building for Sale - Nelspruit

This building is income generating with all the relevant leases in place.
Suitable for a number of options should you be interested.

OR




A 5 storey building with a roof top area ideal to be developed into a roof top garden in the central area of Nelspruit.

This property is ideal to be repurposed for the following:
Inviting God into our City
Ground level as a Church with offices
A Bible college on level 2,3,4 with the fifth repurposed for accommodation apartments for Minister and lecturers.
Roof top garden as a pre work prayer meeting place.
College students could make use of the roof top as a recreational area.
The roof top could easily be turned into a roof top garden which could also be utilised as a play area if one of the floors were turned into a day care centre to service the children whose parents are working in the CBD
Perfect for weddings and functions with the Lowveld sun setting in the west and the beautiful vista of mountains to the east.

As this property is so central it could also be a centre for abused woman and children a soup and bread kitchen.

An education facility of all sorts of nature should be considered as there is approximately 30 parking bays in the basement. As well as a parking arcade next door.


Brown street Building would be very suitable to be turned into a college or school. Centrally situated with an abundance of parking for teachers and students also a multi story parking arcade right next door.

Features

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Zoning:
Commercial
Interior
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
3,022m²
Land Size
1,487Ha
Extras
Alarm System • Security Gate • Roof: Flat

Nelspruit Central, Nelspruit

Nelspruit, or Mbombela since 2009, was founded in 1895 on the banks of the Crocodile River, by 3 Nel brothers who used to bring their cattle to graze in the winter months. It is a city in north-eastern South Africa and the capital of the Mpumalanga province. Nelspruit lies west of the Mozambique border, east of Johannesburg and north of the Swaziland border. There are 2 airports in Mpumalanga, Kruger Mpumalanga...
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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

426,088.38

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