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R4,200,000

37 Main Road

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Monthly Rates
R1,400 Excl. VAT

Great retail location with multiple tenants

This retail space is on the busy traffic route along Main Road from Doonside to Amanzimtoti CBD. There is plenty of public parking for customers right in front of the retail spaces.

Current tenants include:
- A liquor store of 150 sq
- An appliance store of 100 sq m
- An edibles store of 50 sq m
- A pet shop of 30 sq m
- In addition there are four pre-fab units, one occupied by the pet store, the others vacant.
Collectively these rent out at around R60K / month.

The land extends behind the retail spaces right up to Leslie Street.
On this portion are:
- The original house is about 100 sq m and is let out as a timber store for R10 000 / month. Access is via a pathway around the side and it has no direct street access though an access point could be created on Fortin Road.
- There is a small room with toilet at the top of the property until recently let out at R2000/month.
- A corrugated shed adjacent to the old house let at R2000 / month
- The street facing building has a flat roof - it is possible to build another floor.

This land space with the original house is under utilized. Bring your creative mind and make something special from this uniquely located commercial opportunity with sea views from the higher ground and access from both Leslie and Fortin Streets.

Call me for more information.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
400m²
Land Size
1,622m²
Extras
Above Road • On Street Parking • Retail

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Postage and Petties:
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Vat @ 15%
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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%
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MONTHLY REPAYMENTS

 

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Monthly Payment

59,652.37

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