Retail space in a business centre
Web Ref.
TPC790
Floor size
1298.00 m²
This a two-storey commercial and residential building in the very heart of Kleinmond comprising 38 sections. Of these, Sections 1-15 and 37-38 are residential apartments on the upper floor. Sections 16-36 are commercial sections on the ground floor, with the exception of Section 16 being on the upper floor.
On sale are Sections 16-36, comprising a total 1 298sqm of commercial letting space. This includes 242sqm of Section 16 on the upper floor, which is currently open rooftop after a restaurant that used to be on the premises burnt down several years ago. The roof and walls were demolished at the time but never rebuilt. The tenant mix on the ground floor currently comprises a plumbing business, laundry, pet shop, charity shop, and a takeaways. The remainder of the letting space, about half of the total lettable space, is currently vacant/unoccupied as the owner had these leases expire. Current leases are month-to-month.
Sections 16-36 are sold as a single bundle out of a VAT-registered company – i.e. the entire ground floor together with the open roof section. The premises is situated next to several other commercial centres.
The building sits on an erf of 2 323sqm, the remainder comprising common property used as parking for the commercial sections and the residence apartments above. The sections on sale have a PQ of 61.1111% of the total building space.
The Body Corporate financials, house and conduct rules, site and section plans, individual section income and expense sheets, and PQ breakdown are available for review.
On sale are Sections 16-36, comprising a total 1 298sqm of commercial letting space. This includes 242sqm of Section 16 on the upper floor, which is currently open rooftop after a restaurant that used to be on the premises burnt down several years ago. The roof and walls were demolished at the time but never rebuilt. The tenant mix on the ground floor currently comprises a plumbing business, laundry, pet shop, charity shop, and a takeaways. The remainder of the letting space, about half of the total lettable space, is currently vacant/unoccupied as the owner had these leases expire. Current leases are month-to-month.
Sections 16-36 are sold as a single bundle out of a VAT-registered company – i.e. the entire ground floor together with the open roof section. The premises is situated next to several other commercial centres.
The building sits on an erf of 2 323sqm, the remainder comprising common property used as parking for the commercial sections and the residence apartments above. The sections on sale have a PQ of 61.1111% of the total building space.
The Body Corporate financials, house and conduct rules, site and section plans, individual section income and expense sheets, and PQ breakdown are available for review.
Monthly Levy
R17,000
Monthly Rates
R15,900
Total
R32,900
Features
Zoning
Sizes
Parking Bays
Listing Info
Kleinmond Central, Kleinmond
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties 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.
