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R35,000,000

2 Kingsburgh Industrial Commercial Park

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Monthly Levy
R1,000 Excl. VAT
Monthly Rates
R7,950 Excl. VAT

Warehouse 850 sq m / Office 400 sq m - Kingsburgh Commercial Industrial Park

Kingsburgh Industrial Commercial park is adjacent to Dube Trade Port Key Economic Development Zone a few minutes from the Winklespruit Junction with the N2 at the R603. It is 37 km or about 45 minutes from Durban Port.
* The Seller is a VAT registered company and VAT may be due according to Purchaser circumstances

This building was designed for a transport company with a mix of space use:
- Warehouse of 850 sq m; with three 6 meter high roller doors
- Offices on two floors of 450 sq m; each floor has four offices plus a boardroom/operations room plus bathrooms and kitchen
- Yard space of approximately 4000 sq m

The construction is not quite complete with approximately R1.2M still to be spent on:
- Kitchen and bathroom fittings in the office
- Office tiling
- G Blocks and leveling of the yard space
- Fencing

The Seller has a contractor ready to complete this work to the Purchaser's spec or will take it off the selling price.

There are 9 sections in the park. Across the road is an established and operating warehoise and construction on the adjacent stand is under way. These are the two 'neighbor' sites.

The Kingsburgh Commercial-Industrial Park is at the hub of an area that is set to experience phenomenal growth over the next several years. Buyers or tenants will be well placed to capitalize on a planned R11 Billion local expansion program.
This well placed commercial industrial development park is located in the Illovo, Durban South area.
The proximity of the Kingsburgh Commercial-Industrial Park to the adjacent Dube Trade Port development zone gives the site an unparalleled competitive advantage. In the local area, there are limited sites zoned for industrial commercial use and the Kingsburgh Commercial-Industrial Park is the only site of any size within a large geographical area zoned industrial-commercial.

Sites are fully serviced - roads, security, mains, water, electrical, sewer, storm water, and telecoms infrastructure.
Service installations are completed. Electricity; 7000 KV for total complex.

Features

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0
Zoning:
Commercial
Interior
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,250m²
Land Size
5,800m²
Building Height
7m

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Kingsburgh commercial-industrial park plots next to R11.5 bn DASP up for grabs
Seeff Amanzimtoti selling plots in Kingsburgh Commercial-Industrial Park right next to R11.5 billion Durban Automotive Supplier ParkEThekwini’s quest to become an ‘automotive hub’ is fast becoming a reality, with commencement of...
 
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

497,103.11

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