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R3,421,000

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Monthly Rates
R3,000 Excl. VAT

Prime property in the centre of town

Prime property in the centre of Umkomaas.
The property is set in the middle of town, close to the Golf club, Bowling Club and restaurants.
The property has a restaurant of 420sqm as the main tenant , a small office block approximately 58sqm which is currently rented by an Attorney, a compressor room and small office space of 82sqm, a log cabin of 50sqm currently rented as a Nail Salon and a Car wash area of 52sqm.
There are five rental income points on one property.

Features

0
10
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
2,023m²
Land Size
2,023m²
Parking Bays
Open Parking Bays
10

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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In the news

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...
Published 18 May 2020
 
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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
R
%

Monthly Payment

R 

48,588.28

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