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R5,400,000

33 Bright Street

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Passive income earner PLUS accommodation

EXCLUSIVE MANDATE A unique opportunity to own a busy commercial property in the middle of Somerset West. The property includes a 2,5 bedroomed home for the owner/tenant. The 10 units are tenanted by small businesses, offering a variety of services. The main tenant is an art gallery displaying art by various South African artists, including Diane White. The thriving gallery also offers art classes. The units all open onto a central courtyard while a covered walk way runs around the perimeter of this courtyard. There are kitchen and bathroom facilities for the tenants and shoppers.

This property presents a great opportunity for the buyer to live, work and earn a passive income from the rental units. Please contact me for details regarding rentals and passive income this property earns, or to see the plans.

Features

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Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
660m²
Land Size
955m²
Building Height
5m
Extras
Security Gate

Downloads

20_463238adcf3e4d3eb5794523e0a34752.jpg0 bytes

Audas Estate, Somerset West

Helderberg, meaning clear mountain.  Combining majestic mountains white sandy beaches, bright blue seas and tranquil nature reserves, Helderberg residents enjoy the best of the Western Cape. Helderberg is made up of Somerset West, Gordon's Bay, Strand and a few smaller towns. Climate An average high temperature of 26 degrees and an average low temperature of 14 degrees, classifies the areas climate as warm and...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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

76,695.91

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