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GALLERY

R7,950,000

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Monthly Levy
R1 Excl. VAT
Monthly Rates
R20,526 Excl. VAT

3 STOREY COMMERCIAL BUILDING WITH USAGE FOR VARIOUS OPTIONS

3 Storey commerial building on the main highway in Sherwood. The ground floor consists of 3 shops and brings in a rental income of almost R20 000.00 per month in total.
The second floor is approximately 350 square metres and has a potential income of R30 000.00 per month. The third floor is almost 450 square metres and has a potential rental income of more than R50 000.00 per month. The rear of the building is a car-park that than cater for almost 20 vehicles.
Zoning - Limited commercial.

Features

20
0
Zoning:
Commercial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
900m²
Land Size
1,233m²
Parking Bays
Covered Parking Bays
20

Sherwood, 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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Durban's Hot Property Locations
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...
Published 5 Aug 2015
 
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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
 

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Monthly Payment

R 

112,913.42

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