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R16,500,000

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R48,000 Excl. VAT

GREAT COMMERCIAL INVESTMENT

A thriving commercial property located in the bustling Central Business District, offering an excellent investment opportunity with exceptional returns. This prime property boasts three rental shops and five luxury offices, providing a steady income stream. Additionally, it features spacious warehouses for versatile business operations. The residential component includes two flats: one bachelor flat and a second flat comprising two bedrooms, a lounge, dining room, kitchen, and bathroom, catering to diverse tenant needs. With a successful operational history of approximately 25 years, this property represents a rare chance to acquire a well-established business hub in a highly sought-after area with just under 2000m2 and providing two entrances both back and front. Don't miss out on this lucrative investment in a prime CBD location.

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Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
1,748m²

Pietermaritzburg Central, Pietermaritzburg

If you are someone who enjoys the peace and quiet of small-town living with big city convenience, then Pietermaritzburg is the place for you. It is the capital of South Africa and the second-largest city in KwaZulu-Natal. Commonly abbreviated to the term PMB or Maritzburg in Afrikaans, this well-loved city offers a comfortable work-life balance for its locals.  A brief history of the area  The city...
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Take a trip to the picturesque Cumberland Nature Reserve
Pietermaritzburg is a city with lush green landscapes, a variety of animal life and an abundance of wild and indigenous flora. The Cumberland Nature Reserve is located to the east of Pietermaritzburg and is a sprawling...
 
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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

234,348.61

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