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R6,300,000

Monthly Bond Repayment R68,273.54
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,000

Prime Commercial Property Available for Sale in Brits

Prominent Property with Business Rights on the Bustling R511 Main Road, Known as the "Golden Mile"

This property, strategically positioned on the busy R511 main road between Hartbeespoort and Brits, is recognized as the "golden mile" due to its high visibility and prime location. It boasts business rights and is a sought-after destination for both locals and tourists.

Key features of this property include:

A highly popular restaurant and bar, known for its excellent reputation and vibrant atmosphere.
The property also includes a transport business and offers convenient sleepover facilities.
Business, liquor, and gambling licenses are in place, ensuring a comprehensive and legal operation.

Additional offerings of the property include:

Three boreholes, with two of them equipped, providing ample water supply. Water storage tanks are also available.
The bar and restaurant area spans over 580 m2 and features five slot machines, an equipped kitchen, and well-maintained restroom facilities.
A workshop and tool area spanning 120 m2, facilitating the smooth operation of the property.
Ten rooms with bathrooms, offering comfortable accommodation for guests.
An office space measuring 50 m2, providing a functional workspace.
A luxurious two-bedroom house, complete with a walk-in safe, offering comfortable living quarters for the owner or manager.

The property benefits from a highly popular auction held every Friday, which generates substantial income for the restaurant and bar.

The business is being sold as a going concern, and the seller is VAT registered. Comprehensive financial information is available for serious buyers.

Viewings are available by appointment only. Don't miss this opportunity to acquire a prominent property with established businesses and a strong track record of success.

Features

12
16
6
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
16
Kitchens
3
Reception Rooms
5
Studies
1
Furnished
Exterior
Garages
6
Carports / Parkings
10
Security
Yes
Flatlet
10
Sizes
Floor Size
964m²
Land Size
84,291m²

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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

68,273.54

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