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R2,195,000

56 Main Street
Monthly Rates
R2,900 Excl. VAT

Commercial Property For Sale in the Heart of Despatch – Prime Location with Flatlet Income!

An exceptional investment opportunity awaits on the bustling main street of Despatch!
This versatile commercial building, previously used as a nightclub and family restaurant, offers a range of possibilities for entrepreneurs, restaurateurs, or investors looking for a well-located and income-generating property.

Property Features:

Prime main road location with excellent visibility and access

Spacious commercial premises suitable for a restaurant, sports bar, or retail use

Fully equipped built-in bar

Male and female restroom facilities

6 Air Conditioning units for comfort throughout

Large open interior space, ideal for customisation

Secure and private 1-bedroom flatlet on the property with its entrance – currently generating R3,500 per month in rental income

This property is a fantastic opportunity to revive a once-popular venue or redevelop it into something new.

Whether you're looking to open a new hospitality business or seeking an investment with rental potential, this building offers both flexibility and immediate income.

📍 Don’t miss out on this prime commercial opportunity in one of Despatch’s busiest streets!

Every effort has been made to ensure the accuracy of the content of this advertisement; however, no responsibility will be accepted for any errors or omissions it may contain.

Features

0
0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
703m²

Despatch Central, Despatch

Despatch is a small town in the Eastern Cape Province of South Africa situated between Port Elizabeth and Uitenhage with an estimated population of 40 000.  It forms part of the Nelson Mandela Bay Metropolitan Municipality which includes Port Elizabeth and Uitenhage, and has collectively a population of over 1.3 million. he town of Despatch is situated on rich clay soil and in the late 1800s was the...
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Disclaimer: While every effort will be made to ensure that the information contained within the Talana Foot Real Estate website is accurate and up to date, Talana Foot Real Estate 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. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

29,926.34

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