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R42,000,000

Investor Land Opportunity in Springfield Park

Investor Property Opportunity
Achieve 9.5% return p.a.

Springfield Park land for sale for R42 Million.
Extent: 20,000m2
Hardened & level & full extent of the land can be utilized.


The property is located on the Inanda side of Springfield Industrial area. Neighboring Umgeni Business Park have experienced high demand from end users in recent years due to its close proximity to the city of Durban, the port, N2/N3 freeways and North Coast Road Industrial areas. It is close the the industrial areas of Riverhorse, Springfield Business Park & Briardene.

Situated at the end of a cul-da-sac and fully fenced with a 2.4m palisade concrete fence.

The surrounding area is comprised of mostly large factories/warehouses and sectional title industrial complexes.

The property is located approximately 10kms from the centre of Durban.

- 3 Phase Power
- Flood lights
- 4 Separate water & electricity meters on site
- 2 Ablutions
- Guard hut

Tenants are currently occupying the vacant land for their vehicles until mid 2020.

This land would be an ideal property opportunity for an investor.

The zoning is general industrial which allows for a wide range of uses. It has significant advantages as it has no side or rear space restrictions and allows for unlined bulk to be built on the site. The 25m height restriction allows for a multi-storey design or for prospective purchasers who have unusual height requirements.

For more info or to view, please contact
Liz Savage or Lindsay Bulmer at Campbell Property Group.

Land for sale Springfield Park
Investor land opportunity
Industrial land for sale

 
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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

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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

555,033.09

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