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Expansive Commercial on Main Road with Exceptional Potential

R 3,650,000

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1 month ago90 views
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Description
This impressive double-volume facility is ideally suited for the motor industry, storage, or various business ventures. With a generous total space of approximately 900m² spread across two floors, this property is located on the main road within the bustling business area of Retreat.

Key features include two roller shutter doors at both ends of the building, offering convenient access, as well as approximately 8 parking bays. The layout boasts a spacious workshop, a welcoming reception area, ablution facilities, a kitchen, and a dedicated staff area.

The double-volume design provides ample opportunities for customization and growth. Previously utilized as an automotive workshop and storage areas.
Erf Size: 491m²
Zoning: GB1

Rates And Taxes: 4000
Property Reference #: 5707

Agent Details:
Lluwellyn Malambo
Lola Kramer Properties
55 Victoria Avenue, Hout Bay, Cape Town, 7806

Id Subtitle 1290582160
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Estimated monthly repaymentR 39,556
Total property loan amountR 3,650,000
Total interestR 5,843,274
Total repaymentR 9,493,274
Interest rate at 11.75% for 20 years *
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Lola Kramer Properties
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