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R14,060,000

486 Melville Road

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Office space available FOR SALE at Illovo Central

These esteemed P-Grade offices occupy the 8th floor of 70 Melville Road in the central Illovo area, providing a generous 486 square meters of space complemented by an additional 41 square meters of balcony area. Having undergone the whiteboxing process and forming part of a sectional title arrangement, these offices offer flexibility. There's an option to incorporate a private kitchenette, while shared bathroom facilities are readily available. Security is paramount, with 24-hour security personnel and access-controlled boom gates ensuring a secure environment. Additionally, the office enjoys full backup power, guaranteeing continuous and uninterrupted operations.

As an added benefit, each parking space comes with a complimentary membership to a fully equipped gym. The location offers convenience with close proximity to major amenities, including restaurants and public transport options. Moreover, the Thrupps Centre is just a short drive away, enhancing the accessibility and appeal of this prime office space.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
486m²

Illovo, Sandton

Resting between Midrand and Randburg is the affluent area known as Sandton. Falling under the Metropolitan Municipality of Johannesburg, this well-known city is renowned for being one of the wealthiest areas in Gauteng – apart from its sought-after residential suburbs; Sandton has similarly grown into a thriving node of commercial and retail property. Established in 1969 and spanning a total of 143.54 km2,...
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Five new mixed-use developments transforming Sandton
South Africa's richest square mile, Sandton, has consistently held the highest level of new office developments in the country. And although latest reports indicate that the development pipeline is slowing down, this suburb still...
 
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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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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

199,693.42

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