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R20,000,000

38 Augusta Road

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MASSIVE INVESTMENT OPPORTUNITY AT YOUR DOOR STEP

This highly profitable landmark business which has been in existence for 80 years and is the largest independent female owned Motor Spares Store in the South of Johannesburg. This massive property is to be sold with all of it's assets, stock and vehicles etc.

Business comprises:

*Motor spares, Accessories, Body Panels and Electronic sales
*Tyre Fitment, Alignment Centre
*Vehicle Repairs Workshop
*A Hardware Department area
*Gas refill station
*This property will be sold as a going concern including assets, stock and vehicles.
* R8million worth of stock on hand

The property comprises the following:
*Double Storey retail component
*3 bed house at the back
*Carports for big trucks
*More than enough space for parking

Retail component:

Ground floor:
*Motor Spares, Alignment and Fitment Centre, Hardware Retail store and 2 bathrooms
*Workshop and office
*Mezzanine level

First floor:
* 1 × Boardroom
* 8 × Offices
* 2 × Bathrooms

It is presently generating a great income of between R1.2 million - R1.5 million monthly. Highly secured and well protected.
Zoning: Commercial / Business

This stunning commercial property is situated in the heart of Regents park, Johannesburg south and is close to all necessary amenities such as Garages, malls, schools, police stations, colleges, clinics and hospital, place of worship and many more.

Features

0
0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
1,150m²
Land Size
1,980m²
 
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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

R
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Monthly Payment

281,190.89

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