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R4,500,000

Prime Multi Use Business Property

Unlock Unlimited Potential with this Prime Multi-Use Commercial Property in Elspark!
Location: Elspark, Germiston
Price: R4,500,000
Discover the Perfect Blend of Functionality and Flexibility!
Positioned strategically on a bustling road and nestled amidst a thriving residential neighbourhood, this versatile commercial property offers exceptional visibility and accessibility. Zoned for business, it’s a canvas ready to accommodate a myriad of ventures from retail outlets and offices to studios and workshops.
Property Highlights:
• Expansive Lot: 1950m2 of prime real estate
• Main Building: Approximately 400m2, featuring a well-appointed first-floor office area with 5 separate offices as well as a kitchen.
• Additional Structures:
o A 350m2 hall seamlessly connected to the main building, ideal for large gatherings or additional workspace
o A 240m2 under-roof area, enclosed on three sides, perfect for warehousing or storage
o Two more versatile halls of 240m2 and 130m2, offering endless possibilities for expansion or diverse business needs
Amenities:
• Two Sets of Restrooms: Separate Ladies’ and Gents’ facilities for convenience
• Secure Parking: Lockable carport with space for 8 vehicles and ample, well-marked, tarred parking areas
• Multiple Entrances: At least 4 separate, secured entrances for ease of access and enhanced security
Investment Opportunities:
• Flexibility for Use: Choose to operate your own business from the main building while leasing out the additional spaces, or rent each building independently for a robust rental income stream.
• Low Maintenance: Constructed primarily with face brick for durability and minimal upkeep.
This property offers unparalleled versatility and investment potential in a prime location. Don’t miss out on the chance to make this dynamic space the next cornerstone of your business empire!
Contact us today to schedule a viewing and explore the endless possibilities this exceptional property has to offer!
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Property Disclaimer:
All information provided in this listing is deemed reliable but not guaranteed. Prospective buyers should verify all details to their satisfaction, including property size, building specifications, zoning regulations, and potential uses. The seller and listing agent make no representations or warranties regarding the accuracy or completeness of the information presented. The property is sold as-is, and any due diligence required for the buyer’s intended use should be conducted independently.

Features

8
25
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
1,350m²
Land Size
19,500m²
Parking Bays
Covered Parking Bays
8
Open Parking Bays
25

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Disclaimer: While every effort will be made to ensure that the information contained within the Coleman Properties website is accurate and up to date, Coleman Properties 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

63,267.95

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