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R48,000,000

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R23,000 Excl. VAT

Commercial Building For Sale

Prime Investment Opportunity: Versatile Free-Standing Building in Century City

Location: Century City, Cape Town, South Africa

Property Type: Free-Standing Building

Total Area: 2,600 square meters

Features:

Previous Use: This expansive 2,600 square meter building, once home to the renowned Abbotts College, has a rich history as an educational institution.
Layout: The property features 26 classrooms, an assembly hall, a restaurant, a courtyard, and offices in the reception area, providing a versatile and functional layout.
Versatility: The property's adaptability is a key selling point, as it can serve a multitude of purposes, including transforming into a healthcare facility, a church, a school, or even a residential block, catering to a diverse range of investment opportunities.
Investment Potential: Located in the highly sought-after Century City, this property is an excellent investment prospect, given its versatile nature and its potential to cater to the ever-growing demand for accommodation in the area.
This 2,600 square meter free-standing building in Century City presents a unique and valuable investment opportunity. With its rich history as an educational facility and its adaptable layout, it can be repurposed to suit a variety of uses, meeting the demands of different industries.

Don't miss the chance to own this versatile property in a prime location. Contact us today to arrange a viewing and explore how this property can serve as a cornerstone for your investment portfolio, accommodating the ever-evolving needs of the local community.

Features

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Sizes
Floor Size
2,600m²

Century City, Milnerton

Proudly situated a short distance outside Cape Town is the beautiful seaside town of Milnerton. This outstanding area is home to impressive properties, a wealth of natural wonders and numerous leisure activities and amenities. Explore the grand side of investing in Milnerton today.  Milnerton's airport's/routes: travel effortlessly  Travelling to Cape Town International Airport from Milnerton will take you...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

674,858.13

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