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Rare Westlake Investment Opportunity

The Westlake Business Park node is a highly sought after area in the Southern Suburbs. With easy access off the M3, Main Road and Ou Kaapse Weg, it makes it a traffic free destination to work and play. Steenberg and Westlake Golf clubs are on either side of it, Reddam Constantia School is on its border, Virgin Active is within walking distance, there are shopping centres and restaurants in close proximity and there is a wonderful mix of light industrial and commercial commerce, constantly taking place within it.

This building is an unusual opportunity, as owners seldon sell in this area and getting your hands on a property like is not often possible.

The building is made up of three units and is currently occupied by two tenants. Each unit has an office component and a warehouse with good height and high roller shutter access. They each have a kitchenette and ablution facilities. The erf has a nice yard and tenants and visitors have ample parking available behind remote controlled gates. The property is sunny and pleasant to occupy and over the years that I have worked for the owners, finding tenants has never been an issue.

Mezzanine levels have been added and built to engineering specification.

For more information on the return the property is achieving, please feel free to contact me and we can discuss the details.

Features

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0
Zoning:
Industrial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
799m²
Land Size
1,000m²

Westlake, 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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Disclaimer: While every effort will be made to ensure that the information contained within the Annenberg Property Group website is accurate and up to date, Annenberg Property Group 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

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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

137,161.83

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