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Commercial Property for Sale in Vincent
Vincent, East London
- NO TRANSFER DUTY
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Commercial Property for sale in Vincent.
Prime commercial property in Vincent, close to all commodities.
This prime commercial property presents fully tenanted, generating a rental income R116,000.00 per month with long term Government leases in place.
This large premises is situated on 2 plots. There are 6 separate buildings with their own kitchenette, ablutions, with a total of 24 rooms and 23 parking bays. Currently hosting a variety of businesses. The erfs are zoned business zone 4.
The property has its own off-street open parking.
The Seller is VAT registered and therefore no transfer duty is applicable. Provided the Purchaser is VAT registered, this transfer should be zero rated.
Please call me for an exclusive viewing!!
Property Overview
Listing Number
114832238
Type of Property
Commercial Property
Description
Office
Listing Date
22 August 2024
Erf Size
1 013 m²
No Transfer Duty
Yes
Rates and Taxes
R 11 118
Zoning
General Business
Facilities
Bathrooms
6
Kitchens
6
Sink
Offices
24
External Features
Parking
23
On street parking, Secure parking, Visitor parking
Building
Multi Tenanted
Yes
Number of floors
1
Other Features
Security
Alarm System, 24 Hour Access
Temperature Control
Air Conditioning Unit
Nearby Public Transport
Bus, Train, Minibus Taxi
Internet Access
Fibre
Wheelchair Accessible
Yes
Points of Interest
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(Transfer Duty Excluded)
This property has been flagged as “No Transfer Duty” by the agent/seller, we have therefore excluded a transfer duty of from the total once-off cost calculation.
(Transfer Duty Excluded)
This property has been flagged as “No Transfer Duty” by the agent/seller, we have therefore excluded a transfer duty of from the total once-off cost calculation.
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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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