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R8,700,000

Monthly Levy
R8,000 Excl. VAT
Monthly Rates
R9,000 Excl. VAT

2 linked Industrial units Boulevard Business Park Cornubia ForSale R8.7m Neg.One tenant NO Tfer duty

Solid INVESTMENT for the discerning investor /buyer. Industrial property in Durban continues to outstrip other asset classes.
Approx 980m2 GLA warehouse /light industrial space at Boulevard Business Park, CORNUBIA, DURBAN For Sale as a parcel of 2 units interlinked. Occupied by a single tenant with over 2 years still to run on lease. Current rental is around R66000 pm escal 9%.

Size breakdown (2 combined units which interlead):-
* Approx 700 m2 GROUND floor Industrial space
* Approx 180m2 mezzanine level for storage/office
** As an extra free of charge, is a further mezzanine level area of approx 100m2 ** This is of high quality construction and simply needs BC/Council approval which should be no issue)
Ablutions and offices ground floor. 2 x High roller shutters.
Unit is very neat and well maintained.

Cool summers as roof has sisalation plus natural air vent systems. Natural light via transparent roof eaves sheeting. Save on power.

King Shaka Airport and Umhlanga, the N2 is very easily accessible. CORNUBIA is "The place to be" as the node has been adopted by many large corporates and space will become very scarce soon. .

Features

0
14
Title:
Sectional
Building Name:
Boulevard
Zoning:
Industrial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Power Amps
100
Exterior
Security
Yes
Sizes
Floor Size
880m²
Land Size
11,000m²
Building Height
9m
Parking Bays
Open Parking Bays
14
Extras
Rates/Taxes and Levies are approximate to be confirmed. 2 units being sold. 7 desicated parkings per unit (14 in total). Extra visitors bays..

Make an Offer

Market value

R8,700,000

Offers from

R8,400,000

Offers for this listing must be made in R100,000 increments. More Info

 
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Disclaimer: While every effort will be made to ensure that the information contained within the Campbell Property Group website is accurate and up to date, Campbell 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

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

109,034.27

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