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R11,000,000

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Monthly Levy
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Monthly Rates
R19,000 Excl. VAT

Commercial Property ideally situated!

Welcome to an exceptional commercial property strategically located in a prime area that offers both visibility and accessibility.

Currently utilized as a medical facility, this double-storey property boasts an abundance of office space, providing a versatile environment for various business ventures. The face brick exterior not only enhances its aesthetic appeal but also ensures low maintenance costs for the discerning investor. Featuring six offices and five sets of bathrooms, the layout is conducive to a range of professional services. With 10 covered parking spaces and additional parking bays, convenience is a priority for clients and staff.

This property presents a compelling investment opportunity, with a current rental income of R60,000 per month. There is further potential for increased returns upon leasing the top floor, which could raise the monthly income to an estimated R100,000 per month.

Whether you are expanding your portfolio or establishing a new business, this commercial property offers a combination of prime location, functionality, and potential for financial growth.

Don't miss the chance to make this investment your own and capitalize on the thriving business environment it presents.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
912m²
Land Size
914m²
Extras
Air Conditioner • Secure Parking

Pietermaritzburg Central, Pietermaritzburg

If you are someone who enjoys the peace and quiet of small-town living with big city convenience, then Pietermaritzburg is the place for you. It is the capital of South Africa and the second-largest city in KwaZulu-Natal. Commonly abbreviated to the term PMB or Maritzburg in Afrikaans, this well-loved city offers a comfortable work-life balance for its locals.  A brief history of the area  The city...
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Take a trip to the picturesque Cumberland Nature Reserve
Pietermaritzburg is a city with lush green landscapes, a variety of animal life and an abundance of wild and indigenous flora. The Cumberland Nature Reserve is located to the east of Pietermaritzburg and is a sprawling...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group 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

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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

156,232.41

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