SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS

SHOPRITE BENONI - LEASE UNTIL 2022

AUCTION 19 APRIL 2016 @ 12H00

1. 8 year lease with Shoprite Checkers Pty Ltd until 31 August 2022, with 1% turnover clause
2. 4 sources of income - Shoprite, Price n Pride and MTN Tower and 15 residential apartments (1 head lease)
3. 2016 projected net income: R988 622 per annum
4. Average annual rental escalation of 8.25%
5. Significant upside with 2 000 m2 of vacant space (call centre, church, offices, training rooms, apartments)
6. Large corner retail building with GLA of 5 000m2 set on erf size of 2 083m2
7. Situated on busy Voortrekker Road on main taxi route in heart of Benoni CBD
8. Excellent street and signage exposure
9. 2 lifts in building recently repaired (R600K) and maintained by OTIS
10. Established company RMS Property Management in place


Features

0
0
Title:
Freehold
Zoning:
Commercial
Sizes
Floor Size
5,000m²
Land Size
2,083m²
Extras
AUCTION 19 APRIL 2016 @ 12H00 Corner of Voortrekker Street and Princes Avenue, Benoni CBD. GLA: 5000M2 Annual Net Income: R952 644
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Retails for sale in Benoni, Benoni Central.

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

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
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

13,493,499.66

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.