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R11,950,000

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Monthly Rates
R14,432.5 Excl. VAT

Investment Property for Sale in New Germany

This is a fully LET investment property with 3 separate income generating tenants. The premises is well located with great road frontage and easy access to M19, Otto Volek Road, New Germany Industrial and Pinetown Industrial Hubs. The property has 3 tenants, each with their own access points ensuring 3 streams of income. The main ground floor is 493 sqm, Main Floor is 476 sqm - steel and wood mezzanine 106sqm, concrete Mezzanine 100 sqm. The yard is approximately 1350 sqm and well secured. Monthly Rental income (ex Vat) R127 495.

The unique industrial premises comprises of multi level warehousing a yard spaces with units having a height of between 3.6 and 4.6 meters. The main unit has an apex of 7 meters. Please contact Shanesh Ramkissoon for more information or to arrange for viewings. ALL SERIOUS QUERIES WELCOME.

Features

0
10
Zoning:
Industrial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
1,175m²
Land Size
2,251m²
Parking Bays
Open Parking Bays
10
Extras
Separate Toilet • On Street Parking • yard • Warehouse • Factory • Retail

New Germany, 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

164,611.26

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