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R17,500,000

106 Hyperion Road

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Monthly Rates
R32,900 Excl. VAT

Freestanding Facility For Sale In North Riding

This freestanding facility in North Riding, measuring approximately 1,750m² on a large 38,428m² lot, offers an exceptional investment opportunity. The Blandford Manor Restaurant & Venue is under new management. It is excellent for conference, and private functions such as birthday parties, family gatherings, baby showers, weddings. The property is currently occupied by around 8 tenants, generating an income of approximately R200,000.00. It includes a main house with 3 bedrooms, a lounge, dining room, entertainment area, and a swimming pool. The facility also boasts a large workshop, 3 garages, carports, and a well-equipped conference centre with 5 rooms, catering to various sizes, including a 200-seater venue.

In addition to its commercial features, the property is equipped with 76 solar panels, a 50 kW inverter grid-tied system, a 25 KVG generator, 3 boreholes, and 2 x 30,000-litre water tanks with a switch-over system, ensuring sustainability and reliability. The sale price is R17,500,000.00 plus VAT. Rates and taxes R32,900.00.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,750m²
Land Size
38,428m²

North Riding, Randburg

Northriding: Randburg's Expanding Industrial and Commercial Hub A Prime Location for Warehousing, Logistics, and Business Growth Accessibility: Northriding benefits from a highly strategic location with excellent transport links, making it a key industrial and commercial hub in Randburg. Positioned near major arterial routes such as Malibongwe Drive, Witkoppen Road, and the N1 Western Bypass, the area ensures...
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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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MONTHLY REPAYMENTS

 

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Monthly Payment

241,062.52

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