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Macassar Retail Centre

Contract
Price R42,000,000
Size 2,400m²

Urban Growth Property/Fairvest Property Holdings

The project comprised an extension to the existing Shoprite supermarket, relocation of the Shoprite Liquor store, creating of additional rentable area for a number of new stores including Debonairs, pharmacy, gambling pub and other line shops. Furthermore the existing centre was given lift and new security measures installed.

SERVICES AND OUTCOME
Project management, principal agent and tenant coordination.

The project had been progressing for some time prior to Key Projects appointment. A number of issues required our knowledge and expertise to get it off the ground. Noticeably preparation of a feasibility to identify the maximum investment based on our client's commitments; resolve statutory planning issues and the submission of building plans; procurement of the works; facilitated the formation of a community steering committee to oversee the resourcing from the local community of Macassar.

 
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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

 

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