BRAAMFONTEIN 99 JUTA STREET www.mafadisales.co.za
INDEX 1. The Property 2. Property Pictures 2. Title Deed Information 3. Municipal Zoning 4. Area Description 5. Property Description 6. Area calculation 7. Zoning 8. Municipal Accounts 9. Erven Location 10. Amenities 11. Google Earth 12. Google Maps
THE PROPERTY Physical Address 99 Juta Street Township Braamfontein Property nature Commercial Property Legal identification Erven: 2745 Braamfontein Land Size 495 sq.m GLA Approximatly 1,850 sqm Zoning Business 1 Current use of property Retail and residnetial
PROPERTY PICTURES www.mafadisales.co.za
TITLE DEED INFORMATION Title Deed No: T45733/2013 Registered Owner: REPASSEN 36 PTY LTD Registration Number: 201302218207 MUNICIPAL ZONING Zoning: Business 1 FAR/Bulk: 6.8 Height: As per Scheme Coverage: 100% Parking: As per Scheme AREA DETAILS Braamfontein has a high concentration of academic institutions including the prestigious WITS university and this is evident in the high population if students in the area, The colorful suburb of Braamfontein is linked to buzzing Newtown via the Nelson Mandela Bridge and regarded as the gateway to the city centre. The subject property lies between Smit Street and De Korte Streets on the borders of the Johannesburg CBD and Hillbrow area. The property is extremely well situated near the new Gauteng Station and only a few hundred meters for the Johannesburg ( Park ) Station. The municipal offices are also within walking distance from the property.
PROPERTY DESCRIPTION LOCATION: The subject property is at Number Juta Street Street, Braamfontein between Smit Street and De Korte Street, Braamfontein DESCRIPTION: The property consist of a ground floor Tavern with 3 ( three ) retail outlets ( Fast Food, Salon & Fridge Repairer ) 3 additional floors of residential accommodation and a basement for storage. The first and second floor consists of: 4 x 3 bedroom Flats 2 x 2 bedroom Flats 4 x bachelor flats 12 x Residential Rooms with communal toilets The third floor consists of: 2 x bachelor flats 5 x Residential Rooms with communal toilets There are additional improvements at the back of the property currently being used as offices and storage.
INCOME 99 JUTA STREET July 2014 Aug 2014 Sept 2014 Oct 2014 Nov 2014 Dec 2104 Jan 2015 Feb 2015 March 2015 April 2105 May 2015 June 2015 Total Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 GAI Income R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 960 000,00 GROSS INCOME R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 80 000,00 R 960 000,00 PROJECTED EXPENSES Rates and Taxes R 3 462,00 R 3 462,00 R 3 462,00 R 3 462,00 R 3 462,00 R 3 462,00 R 3 462,00 R 3 462,00 R 3 462,00 R 3 462,00 R 3 462,00 R 3 462,00 R 41 544,00 Maintenance & Repairs R 1 000,00 R 1 000,00 R 1 000,00 R 1 000,00 R 1 000,00 R 1 000,00 R 1 000,00 R 1 000,00 R 1 000,00 R 1 000,00 R 1 000,00 R 1 000,00 R 12 000,00 Water R 307,00 R 307,00 R 307,00 R 307,00 R 307,00 R 307,00 R 307,00 R 307,00 R 307,00 R 307,00 R 307,00 R 307,00 R 3 684,00 Electricity R 10 433,00 R 10 433,00 R 10 433,00 R 10 433,00 R 10 433,00 R 10 433,00 R 10 433,00 R 10 433,00 R 10 433,00 R 10 433,00 R 10 433,00 R 10 433,00 R 125 196,00 Security R 2 400,00 R 2 400,00 R 2 400,00 R 2 400,00 R 2 400,00 R 2 400,00 R 2 400,00 R 2 400,00 R 2 400,00 R 2 400,00 R 2 400,00 R 2 400,00 R 28 800,00 Staff salaries R 4 700,00 R 4 700,00 R 4 700,00 R 4 700,00 R 4 700,00 R 4 700,00 R 4 700,00 R 4 700,00 R 4 700,00 R 4 700,00 R 4 700,00 R 4 700,00 R 56 400,00 GROSS EXPENSES R 22 302,00 R 22 302,00 R 22 302,00 R 22 302,00 R 22 302,00 R 22 302,00 R 22 302,00 R 22 302,00 R 22 302,00 R 22 302,00 R 22 302,00 R 22 302,00 R 267 624,00 PROJECTED NET INCOME PER R 57 ANNUM 698,00 R 57 698,00 R 57 698,00 R 57 698,00 R 57 698,00 R 57 698,00 R 57 698,00 R 57 698,00 R 57 698,00 R 57 698,00 R 57 698,00 R 57 698,00 R 692 376,00 www.mafadisales.co.za
ZONING
MUNICIPAL ACCOUNTS
MUNICIPAL ACCOUNTS
ERVEN LOCATION AREA AMENITIES
GOOGLE earth www.mafadisales.co.za
GOOGLE maps Disclaimer: While every effort has been be made to ensure that the information contained within this property information pack is accurate and up to date, Mafadi ( Pty ) Ltd 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. to verify the information contained herein. Prospective purchasers should make their own enquiries www.mafadisales.co.za