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R15,000,000

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Monthly Levy
R1 Excl. VAT
Monthly Rates
R23,608 Excl. VAT

FLORIDA ROAD - GEM OF A POPERTY

This unique property is on 1046 square metres of land. It has a main area of approximately 410 square metres, an underground gymnasium and a double storey building at the rear with approximately 70 square metres on each floor.. The main building of 410 square metres is presently being used as up-market offices and consulting chambers with wrap around verandas. This part of the building is ideally situated and zoned for restaurants, lounges etc. The entrance to the property has an open area with great entertaining facilities. The under-ground level boast a private designer Fitness gym - very few seen in the city and it attracts a very handsome rental.
The rear of the building has 2 floors that are also tenanted and derives lucrative rentasl. There is provision for almost 12 vehicles and there is ample street parking.
The property has numerous options and a discerning investor just needs to apply his mind carefully to stick in the right facility in the sought after property.

Features

0
12
Zoning:
Commercial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
800m²
Land Size
1,046m²
Parking Bays
Open Parking Bays
12

Morningside, Durban

The city of Durban is rich in culture, warmth and personality. The view of the city skyline with the iconic Moses Mabhida Stadium arch rising from the bay on a crisp blue afternoon is breathtaking. There are miles of gorgeous beaches and vegetation-dense inland hills rising behind the city borders, when the need to get out and explore beckons. This raw beauty has guaranteed that Durban has and always will be a...
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Chris Tyson, chief executive officer of Tyson Properties, says as Africa’s fastest growing city, Durban is an exciting place to work, play and live in.   Tyson explains that KwaZulu-Natal is one of the...
 
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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

213,044.19

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