Type

Term

Price range

Beds

Price range

R 12 000 000 | Commercial Property for Sale in Sunnyside

Pretoria, Sunnyside

Gallery

Photos

Erf Size: 996 m²

Medium residential building in sunnyside east - well maintained with 20 x flats

AGE OF BUILDING: ± 33 YEARS
LOCATION: SUNNYSIDE EAST, COT
TRANSFER COST OPTIONS: SHARE TRANSFER (No Transfer duty payable – saving R1.17m)
Conveyancer transfer cost: +-R115 000.00
TOTAL UNITS IN BUILDING: 20
FLOORS: 4 x RESIDENTIAL LEVELS + GROUND
MIX OF UNITS AND SIZES:
> 4 X BACHELOR UNITS (36M2)
> 12 X 1.5 bedroom units (66m2)
> 4 x 2.5 BEDROOM UNITS (81M2)

ERF SIZE: 996M2

GLA (GROSS LETABLE) +-1260M2 (only the apartment floor areas)
GBA (GROSS BUILT) +-1700M2 (10% for hallways, garages, parking, common areas)

PRE-PAID METERS: WATER AND ELECTRICITY PRE-PAID METERS IN EACH UNIT
PARKINGS AND GARAGES: 8 UNDER COVER PARKINGS AND 7 X LOCKUP GARAGES
S/Q AND STOREROOMS: 1 X SERVANTS QUARTER AND 1 X STOREROOM
CURRENT NETT INCOME PA: R1 049 000.00
average vacancy %: 0% fully occupied
condition of building: neat and clean, low maintenance with 90% facebrick
current type of tenant: working people, government and hospital employees
permanent employees: one cleaner/caretaker @ r6 000.00pm.
24 hour on site. Stays free of charge in caretaker flat

estimated student beds: with subdivision, 92 x beds will be approved
(8m2 for single rooms; 14m2 for sharing rooms)

± student gross income: 92 x r4 500.00 = r414 000.00 pm x 10 months
(r4 500.00 x beds allowed minus 50% expenses)

± student conversion cost: r1 000 000.00
(±r10 000.00 PER STUDENT – INCLUDES FURNITURE, APPLIANCES, LAUNDRY, CURTAINS)

GENERAL NOTES: - Electric Fence with CCTV Surveillance, Night Guard Security
- Caretaker Apartment with store facilities and washing lines
- 1 x Schindler Lift

Property Overview

Listing Number

113857737

Type of Property

Commercial Property

Lifestyle

Security Complex, University/College Community, Student Accommodation

Availability Date

01 July 2024

Erf Size

996 m²

Floor Area

1 260 m²

Rates and Taxes

R 6 633

Price Per Parking

R 300

Zoning

General Residential

Floor Number

Facilities

Bedroom

20 X APARTMENTS: 4 X BACHELOR UNITS (36M2) > 12 X 1.5 BEDROOM UNITS (66M2) > 4 X 2.5 BEDROOM UNITS (81M2)

Bathrooms

20, 20 X BATHROOMS WITH TOILET, BASIN, BATH

Kitchens

20, 20 X KITCHENS WITH STOVES

External Features

Parking

15, 8 X UNDERCOVER PARKINGS; 7 X L/U GARAGES

Building

Gross Lettable Area

1260 m²

Building Grading

A Grade

Multi Tenanted

Yes

Style

Conventional

Facing

North, Above Road

Roof

Flat Roof

Wall

Face-brick

Window

Steel

Standalone Building

Yes

Number of floors

Backup Water

Water Tank

Other Features

Security

24 HOUR GUARD WITH SECURITY GATES AN SLAM LOCK GATES FOR EACH UNIT

Nearby Public Transport

Bus, Train, Minibus Taxi

Internet Access

Fibre

Backup Water

Yes

Contact AgentWeb Ref 113857737

Show Contact Number

Send Agent a Message

Agency

Agents

Liezel Britz

Brendan Slabbert

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