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R3,400,000

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Monthly Levy
R13,430 Excl. VAT
Monthly Rates
R17,029 Excl. VAT

Executive Offices for Sale - Conversion Opportunity

FOR SALE AT REDUCED PRICE!

This well maintained and secure sectional title property is situated in the industrial node of Westmead. Section 1 comprises 2 double storey office blocks – Block A and Block B. The property is ideally located for ease of access to both the M13 and the N3 National Highway. It offers executive parking plus 14 additional under-cover parking bays.

The property offers a conversion opportunity to suit an end user.

The property is currently tenanted until the 31 December 2023 and generates a market related rental.

The roof on Block B was recently replaced at a cost of R 700 000.

Available to purchase separately at the following prices :

Section 1 = R 3 400 000
Section 2 =R 3 600 000
Section 3 =R 3 000 000

Or combined at the total purchase price of R 10 000 000 for all 3 sections.

Phone Bruce Baird to set up a viewing or for further information.

Features

7
7
Zoning:
Industrial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,292m²
Parking Bays
Basement Parking Bays
7
Open Parking Bays
7

Westmead, Pinetown

Pinetown is a vibrant and bustling suburb that offers residents a perfect blend of urban conveniences and natural beauty. Located just a short drive from Durban's city centre, Pinetown is known for its well-established infrastructure, cultural diversity, and recreational opportunities. With its convenient amenities, vibrant commercial centres, and a warm community spirit, Pinetown has become a sought-after...
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Disclaimer: While every effort will be made to ensure that the information contained within the Maxprop Property Group website is accurate and up to date, Maxprop Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

48,290.02

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