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COMMERCIAL PROPERTY FOR SALE IN NOTTINGHAM ROAD

Challenge to Opportunity - Business and Residential Property in Nottingham Road
A sort after Historical 2000m2 commercial and residential mixed-use property in the center of Nottingham Road KZN Midlands is on the market with buildings dating back to the 1940's. The buildings have undergone extensive renovations and major upliftment's by the owner. Less than 150m off the main R 103, directly opposite the Legendary and highly popular Nottingham Road hotel.
Newly tared off the street parking and roadside apron, 35m end to end. Fully walled and fenced we find a building 500m2 under roof. The parking can be expanded to 3 times size or more. The building includes a storeroom with street side delivery gate and doors, walk in strong room, office, ablutions, and large shop area under tiled floors. The plot has a main 4-bedroom house for residence or offices, restored Oregon pine floors, dining room, lounge, and kitchen with large verandah. Ideal for business offices, fully alarmed. Further we have four two-bedroom houses 280m2 rented for income. A borehole is in a servitude registered in favor of the property with 2 x 5000L tanks
A property with great income potential is up for the taking. Phone to view before you are disappointed at missing this opportunity

Features

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Title:
Freehold
Zoning:
Commercial
Interior
Power 3 Phase
Yes
Power Amps
50
Exterior
Security
Yes
Sizes
Floor Size
1,000m²
Land Size
2,080m²
Extras
3 x 2 bedroom flatlets being rented out.  • Borehole  • Each cottage own electrical meter
 
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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

70,304.58

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