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R3,300,000

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PRIME POSITION - RETAIL OPPORTUNITY

When it comes to retail position is everything. This development opportunity is adjacent to a suburban shopping centre on busy Umhlanga Rocks Drive.
The 220 sqm building is incomplete and can be finished to your specs.
Notarially tied to the uMhlanga Rocks Drive property is an erf in Ryde Place that not only gives access to the back of the uMhlanga Rocks Drive property but in itself presents opportunities for further development. This Ryde Place property has portion of a house on it as well as a outbuilding flat-let.

Features

0
21
Title:
Freehold
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
220m²
Parking Bays
Open Parking Bays
21

Durban North, Durban North

WELCOME TO DURBAN NORTH. Durban North is situated just north of Durban in the eThekwini Metropolitan Municipality, created in 2000, which includes the greater Durban area in KwaZulu-Natal, South Africa. It lies between the N2 freeway and the eastern seashore, with the Umgeni River forming its southern boundary. It is flanked by La Lucia in the north. Schools Local schools include Glenashley...
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MEET KEVIN MULLINS - WAKEFIELDS' NEW DURBAN NORTH BRANCH MANAGER
Wakefields' busy Durban North branch has a brand new face at the helm. Kevin Mullins brings a fresh skillset to the role which will benefit buyers and sellers as much as sales consultants New Wakefields branch manager Kevin...
Published 19 Jun 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 

46,869.72

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