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R2,200,000

6 Reynolds Street

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Monthly Rates
R8,300 Excl. VAT

Prime location with loads of potential for the right buyer

Commercial property situated in the heart of Umkomaas, alongside popular restaurants, diving centre and a garage.

This property has potential for both investors who want rental income or for the entrepreneur. There is an existing busy restaurant that has both inside and outside seating. It also features a bar, kitchen and games room.

There is a workshop that also has an existing tenant. Plenty of yard space and fully fenced backyard.

Prime location with loads of potential for the right buyer. Umkomaas is a small coastal town with businesses that are frequented by plenty of tourists as well as locals.

Features

0
0
Zoning:
Commercial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
269m²
Land Size
1,188m²

Umkomaas, Umkomaas

Umkomaas, a small coastal town on the subtropical south coast of kwaZulu-Natal. Umkomaas is located 48 km south of central Durban. The Umkomaas or Mkomazi River is a dominant feature of the area, being the largest river on the South Coast. The river is 298 kilometes long, from its source just south of Giant's Castle in the uKhahlamba / Drakensberg Park World Heritage Site to its mouth on the Indian Ocean. The...
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Surf's up, KZN South Coast property outlook post-Lockdown
There is no doubt that the market for sales and rentals will offer challenges when we come out of the Covid-19 Lockdown. Aside from possible restrictions in terms of viewings and personal contact, the market, property...
 
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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

31,246.48

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