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R2,950,000

RESIDENTIAL / BUSINESS DOUBLE STAND OPPORTUNITY

The subject properties for sale are #24 (erf 1932) & #26 (erf 1934), 6th Street, Parkhurst. They can either
be acquired separately or together. The two properties are located towards the bottom of 6th Street if
you are travelling in a westerly direction with Rosebank behind you, going towards Parkhurst most
popular street which is 4th Ave. The two properties are on your left-hand side one stand from the
intersection with 4th Ave with Solly Kramers over the robot to the left and Jolly Roger on the right. The
neighboring properties are walled and painted in a light brown colour.
The numbers count down as you descend, #26 which is currently used as a residential dwelling is therefore
first on the left and #24 comes up thereafter which is currently used as an office and warehouse. Both are
zoned residential 1 and have consent use for business. The wall between the two properties has been
removed to make the 2 properties access from either side. This wall / passage can be reinstated or
demolished.
# 24, 6th Street (Erf 1932) Zoning Residential 1 - (See zoning confirmation attached to this brochure).
Primary Rights (per scheme) * Offices (excluding Banks, Building Societies and Medical and Dental Suites)
Height Restriction Three Storeys (Actual - one storey)
Coverage 60% - one storey FAR 2,1 - Buildings for business uses; 1,2 - for residential houses Building Lines
3m along street boundary
Parking As per scheme
General Provisions See attached zoning confirmation to The site, currently zoned Residential 1 (with
business consent), features a residential home which has since been converted into offices.
The offices further feature a small yard with shade-net parking. Improvements consisting of a doublevolume
mini warehouse (which is currently being utilized as storage for stock. Fixtures and Finishes The
main building's office areas feature mostly wood flooring with carpet in places, with painted plaster walls.
Door frames feature wood trimmings throughout.
Construction The primary building features painted plaster external walls and roofing is corrugated roof
sheeting. Perimeter and Yard The yard / garden areas are enclosed by means of a painted brick wall or by
neighboring buildings. The yard accessible from 6th Street through a single garage roller-shutter door and
is brick-paved.
Condition The property requires some maintenance with repairs and paint required in places. We have
not undertaken a structural survey of the buildings, nor have we arranged for tests of inspections of the
service installations, but these appear to be sound and in working order.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
230m²
Land Size
495m²
 
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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

41,898.69

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