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R3,999,995

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R6,000 Excl. VAT

Potential waiting to be unlocked

Mkondeni is has been a fast growing commercial and industrial area known by many manufacturers. With the growth of SME in the city, investing in this property is a no brainer. The property has three occupied tenants in the warehouse each approximately 900sqm, and a backyard with a large vacant space accessible from both sides on the warehouse.

The property is closely set near N3 and is easily accessible for trucks. The property size allows investors to possibly retain current tenants whilst utilizing the entire back yard space to build additional warehouse or utilise the land space as yard space. With an approximate rental income of 22k, this property has the potential of delivering far much more in returns.

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Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
3,620m²
Land Size
3,620m²

Shorts Retreat, Pietermaritzburg

Pietermaritzburg is one of South Africa's most desirable residential cities and offers an excellent selection of property and real estate. The verdant greenery, leafy suburbs and wealth of colonial architecture make Pietermaritzburg a beautiful city to live in. Property buyers can choose from houses, apartments, cluster developments, security villages, guesthouses and vacant land. Nestled in a green valley,...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

52,308.03

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