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R9,000,000

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R18,000 Excl. VAT

COMMERCIAL PROPERTY IN TONGAAT

Welcome to an exceptional commercial property in Tongaat, currently under the ownership of World of Sports. This versatile establishment not only hosts a thriving business but also includes a 3-bedroom home, complete with a kitchen, lounge, dining room, and 2 bathrooms, adding a unique residential dimension.

The property's income potential is maximized by four tenants, contributing to its financial viability. A recent renovation has bestowed a fresh and modern ambiance upon the building, ensuring a contemporary and inviting atmosphere.

Strategically positioned, this property is in close proximity to both bus and taxi ranks, offering convenient access for patrons and residents alike. Nestled behind a railway station, it provides a well-connected location, blending accessibility with commercial and residential functionality. Welcome to a space where commerce and comfort harmoniously coexist.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
980m²
Land Size
838m²

Gandhinagar, Tongaat

Tongaat is a sugarcane growing town in KwaZulu-Natal that is situated on the banks of the Tongati River about 37 km north of Durban and 28 km south of Stanger. It now forms part of eThekwini, the Greater Durban metropolitan area. Tongaat, part of the Sugar Coast, now supports one of the largest sugar-producing districts in the world. Attractions nearby Tongaat include The Dudley Pringle Dam, Maidstone Sugar...
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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

127,826.51

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