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R5,500,000

1 Scotts Avenue
Monthly Rates
R3,473.9 Excl. VAT

Unlock the Potential of Makhanda's Premier Business Hub at the Rustic Route

Discover an exceptional business opportunity in Makhanda's upscale market featuring a thriving complex with exisiting established tenants and space for at least 3 more. This lucrative property offers a unique blend of services and amenities, making it an attractive destination for customers and investors alike.

With a diverse tenant mix that includes a hairdresser for beauty services, a bar for entertainment a carwash for convenience, and restaurant for dining, this property is poised for continued success. The strong borehole with drinkable water and a generator for electricity back up system ensure uninterrupted business operations, while the upmarket atmosphere and safe off-street parking make it an ideal location for high-end clients and customers.

Located in the heart of Makhada's ciity centre, this property is within walking distance to other restaurants and pubs, enhancing foot traffic and exposure. With its prime location, growth potential and diversified income streams from multiple tenants, this properrty is a rare find for savvy investors.

Don't miss this chance to own a thriving business hub in Makhanda. Invest in this exceptional opportunity and unlock its full potential.

Contact us today to see this amazing property.

Features

0
0
Zoning:
Commercial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
650m²
Land Size
1,268m²
Extras
Strong borehole with drinkable water, Electricity backup with a generator, safe off-street parking

Grahamstown Central, Grahamstown

Background and Historical Information of the Area Tucked away in the Eastern Cape, Grahamstown (now known as Makhanda) is a town full of history, vibrant culture, and a welcoming community. Area Serenity Real estate in Grahamstown (Makhanda) is a mix of historical charm and modern convenience, reflecting the town's rich cultural heritage and academic environment, primarily driven by the presence of some...
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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
%

Monthly Payment

75,762.51

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