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R4,750,000

580m² Retail For Sale in Pietermaritzburg Central

5 shops no lease
Total income 53k
580 sqm
Commercial



Prime pmb central investment

This property is situated in a heart of pmb. Closes to the city hall and main city centers. The area attracted hundered of people daily who pass by or work in the vercernity. It's the Hub of pmb with promises of untold potential.

The building is currently tenanated with a decent rental to support the purchase. There are five commercial sites. Each with its own entrance, offering various services and products. The property has potential to be developed further, subject to city approvals, to gain higher potential income.

The property is ready to unlock its true value for an investor who has the vision to develop. Potential clients who are pre approved would be given the opportunity to view and discuss further details. Carry identification on arrival as we serious about client security.

Features

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0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
580m²
 
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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

67,463.99

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