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R8,000,000

Cnr Joplins Lane and Alan Greaves Road

For Sale: Prominent Retail Investment Opportunity

This commercial property presents an excellent investment opportunity for those looking to secure a valuable asset in one of Queenstown’s busiest commercial hubs with a monthly turnover of ±R70 000.

Key Highlights:

High visibility and prominent position.

Strong local demand for retail spaces.

Great transport accessibility.

Property Features:

8 retail shops, offering a great opportunity for investors of ±800 m² in size.

Situated in the bustling trading node of Queenstown's CBD, ensuring high foot traffic.

Convenient access to major transport routes, including Cathcart Road (R61) and N6.

Prime location for retail businesses, with the potential for long-term rental income.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,155m²

Queenstown Central, Queenstown

Background and Historical Information of the Area Queenstown, officially named Komani now, is a historic town located in the Eastern Cape province of South Africa. In early 1853, under the guidance of Sir George Cathcart, Queenstown was established as a settlement, and subsequently, as a fort, bearing the name of Queen Victoria. The Eastern Cape region was a site of conflict and warfare during the 19th century...
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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

R
%

Monthly Payment

111,335.16

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