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R21,750,000

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Monthly Levy
R25,034 Excl. VAT
Monthly Rates
R13,185 Excl. VAT

Ground Floor Showroom/Retail At Busy Intersection

Situated on the corner of Victoria Road and Browning Road, Fairland House is a landmark development now in the middle of this gentrified node of Salt River with new major AAA-grade developments recently completed and some going to ground soon. The area has seen a serious increase in blue-chip national tenants and owner-occupiers occupying this stretch of road. The building has maximum exposure onto Victoria Road and this section has impressive glass shopfronts allowing any potential buyer to display their best products and draw the public in. There is also customer parking conveniently located directly outside the front doors. There is Industrial access via roller shutter door and ramp from Browning Road, making receiving or dispatch operations easy without inconveniencing any customers who arrive to do some shopping. This section, which has been split into two units of 973 sqm and 771 sqm with partitioning, takes up the entire ground floor of the sectional title development. It is occupied by two separate tenants in the furniture and clothing business. The 973 sqm unit is available for any purchaser to take occupation on transfer, while the 771 sqm section has a strong tenant in place until the end of March 2025(Contact me for more rental information). The two units, however, are divided with simple partitioning, meaning that the entire floor space can be opened up again to provide larger retail premises.

Fairland House is conveniently located on the border of Salt River and Observatory and is rapidly accessible from all Arterial routes and public transport stations in the area. The building also benefits from exposure and great signage opportunities as it is situated on the corner of Victoria Road and Browning Road. For more info on this unit or others in the sectional title scheme, please contact our area specialist at Annenberg Property.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,744m²
Land Size
2,174m²

Salt River, Cape Town

Cape Town CBD is located between the Atlantic Ocean and the slopes of Table Mountain, Cape Town is one of South Africas most dynamic and cosmopolitan centres. The CBD forms the core of the City of Cape Towns economy and houses the heart of its municipal and provincial government administration as well as the countrys houses of parliament. As one of South Africas safest and best kept urban environments, the CBD has...
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Annenberg Property Group Celebrates Its 50th Year In Commercial And Industrial Property In Cape Town
Before you get started, where we share big news and big deals. __ It was 50 years ago in 1972 when David Annenberg founded the company. At the time, David was working for a JSE listed company, Corlett Drive...
 
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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

308,914.07

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