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R8,500,000

16 Church Street
Monthly Levy
R410 Excl. VAT
Monthly Rates
R2,133 Excl. VAT

"Investment Gem in Prime Muizenberg Location"

Welcome to an Extraordinary Investment Opportunity in the heart of the Muizenberg residential village connecting to the surfer's paradise beach in Muizenberg, Western Cape, South Africa. Situated at 16 & 18 Church Street, this commercial-retail property is a coveted gem. The property is currently functioning as a charming guest house,and is primed for redevelopment into a dynamic retail and residential space.
Spanning a generous lot size of approximately 813sqm, these properties are a blend of contemporary charm and strategic location. Enjoy stunning mountain views while only a stone's throw from the pristine blue flag beach. The structures are enveloped in a harmonious mix of classic brick and modern glass siding doors, leading to a welcoming veranda. Inside, find an elegant fusion of parquet flooring, open living spaces, and exclusive features in six fully equipped bedrooms, and laundry facilities within the building. A retail space and separate cinema room completes the picture.
Accessibility and convenience are unmatched with proximity to an array of amenities: nearby bus, railway stations, medical centers, and educational institutions including universities, technical college and schools. The property is also near commercial zones such as shops, parks, and a golf course, making it a premier location for any investor. Safety and modern connectivity are assured with state-of-the-art security systems, alarm installations, and high-speed fiber internet. This contemporary and potentially wheelchair-accessible property welcomes your pets and offers endless opportunity for those looking to invest in hospitality goods under a zoned mixed-use setting.
At a competitive price, this property offers perhaps the last multi-storey development opporutnity in the heart of residential Muizenbergs.  Be the one  to redefine this space to maximize its mixed-use, commercial and residential, potential in one of the country's most serene yet well-connected neighborhoods.

Features

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Zoning:
Commercial
Exterior
Security
Yes
Sizes
Land Size
813m²
Extras
Alarm System • Wheelchair Accessible • Glass Siding • Near Golf Course • Open • Contemporary • Near Beach • Washing Facilities(in building) • Needs Redevelopment • Near Railway station • Veranda • Near Medical Center • Fibre • Restaurant area • Built in Wardrobes • Brick • Security - System • Home theater • Near Hospital • Near University/Campus • By the sea • Near Park • North • NorthWest • Near Bus • Near Shops • On Quiet Road • Mountain • Near Schools
 
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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

115,887.88

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