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R2,400,000

Monthly Rates
R4,360 Excl. VAT

Investment Opportunity in Prime Location, GR2 Zoning in Windermere

This free-standing commercial property in the heart of Windermere, boasting sought-after GR2 zoning.
The property is currently divided into two separate sections, one side is currently generating rental income whilst the other side is vacant.

Its prime location on Mathew Meyiwa Road (Stamford hill) provides excellent visibility and accessibility, which is crucial for businesses seeking exposure to high traffic areas. Additionally, being close to major arterial routes, public transport, schools, and shopping amenities enhances its appeal to potential tenants or buyers.

Don't forget the outbuilding which adds versatility to the property, whether for additional storage, a small office space, or another income stream. Moreover, ample parking space for up to 10 vehicles is a significant asset, especially in urban areas where parking can be a challenge.

Bonus: Prepaid Elecricity Meters installed.
Currently generating a rental income of approximatly R24 000pm.

Seize this opportunity today.

Contact me for further details or to secure your exclusive viewing. Let's turn this property into your next success story.

Features

0
10
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
200m²
Land Size
605m²
Parking Bays
Open Parking Bays
10
Extras
Air Conditioning Unit • Burglar Bars • Carport • Garden • Secure Parking

Windermere, Durban

Beach meets business Durban Central is a diverse, colourful neighbourhood that includes the beachfront areas, the Berea, Morningside, Glenwood, Musgrave and the CBD. The beach is the biggest attraction and locals flock the promenade to cycle, run, surf, swim, fish or just catch some sun. There are also incredibly lush parks and open spaces dotted around the neighbourhod for residents to take advantage of. The...
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The Simple Story of a Pioneer Durban Firm
R. ACUTT & SONS 1851 – 1951, ONE HUNDRED YEARS OF SERVICE, Founder of the Firm of R. ACUTT & SONS, LAND AUCTIONEERS, REAL ESTATE AGENTS, (ESTABLISHED 1851) Born at Babbacombe Bay, Torquay, Devon, England, 9th August,...
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

33,400.55

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