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R15,750,000

Monthly Rates
R13,000 Excl. VAT

The Grand Exotic For Sale

The Grand Exotic is a truly unique property located on Sheffield Beach Road in Salt Rock, just around the corner from Tiffany’s Shopping Centre and not far from Salt Rock City. This versatile property currently operates as a function venue, cafe style restaurant, antique store, and day spa offering a rare opportunity to own a multi-purpose lifestyle destination. It is being sold fully furnished, with all fittings, furniture and kitchen equipment included in the selling price, allowing for a seamless transition to the new owner.

At the heart of the property is a spacious hall of approximately 220 square meters, which can comfortably accommodate around 130 guests. This space is ideal for weddings, events, or functions and can generate rental income of approximately R20,000 per event. The hall is complemented by a stunning entrance area and mini bar that forms part of the cafe. The building is set against beautifully landscaped gardens that create a tranquil and inviting ambiance.

In addition to the main venue and cafe restaurant, there is a mini bar, a kitchen and two separate units of roughly 96 square meters each, currently occupied by an antique shop and a beauty spa. The charming, landscaped garden includes a private area perfect for pre-drinks or relaxed social gatherings.

The entire building was lovingly developed by an enthusiastic couple who poured their creativity and passion into making it a one-of-a-kind destination. With three-phase power (80 amps), a 60 KVA generator, and 52 open parking bays, the property is well-equipped for a range of commercial uses. Now ready for its next chapter, Grand Exotic offers a special opportunity for the right buyer.

Zoning: Multi-Purpose Retail Office. FAR: 0,5% and Coverage 50%.

Features

0
52
Zoning:
Retail
Interior
Power 3 Phase
Yes
Power Amps
80
Exterior
Security
Yes
Sizes
Floor Size
700m²
Land Size
6,070m²
Parking Bays
Open Parking Bays
52
Extras
Security Gate • Freestanding

Sheffield Beach, Ballito

The Ballito Business Park Situated on the eastern side of the N2, the Ballito Business Park comprises various developments, including 2 retail shopping centres, boutique shopping centres, motor car dealerships, hotels, Virgin Active, office blocks, showrooms, commercial mini units etc.  On launching, there were in excess of 100 sites for sale, and the few sites that are still available are selling for between...
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Buying or leasing commercial property is far more specialised by comparison to a residential transaction. Successful negotiations could well depend on partnering with an experienced and knowledgeable commercial and industrial...
 
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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

212,522.62

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