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R12,000,000

Monthly Rates
R3,885 Excl. VAT

300m² Building For Sale in Raisethorpe

Business Premises - Raisthorpe Central Business District - Old Greytown Road

Finding Retail Premises for sale in this part of the Raisethorpe CBD is near impossible. So, this may be once in a lifetime opportunity to acquire a prime piece of real estate in what is arguably the busiest Retail area in Raisethorpe.

This expansive property has its front section on Chota Motala Road and extends all the way to Baijoo Road. You literally have two road frontages with access from either side.

The Section facing Chota Motala Road consists of three retail outlets. The tenants have been on these sites for approximately 20 years and have seen their businesses flourish over that period of time. A huge advantage to this section is that you have on-site parking in front of the retail outlets.

The Section on the Baijoo Road side consists of a Large open area that could be used for customer parking or the addition of more structures. Further in you get a double storey structure that consists of two identical three bedroom flats with a triple garage. There is also a huge undercover area that could easily be used for storage. Another small two room dwelling is located between the front and back buildings. This could serve as staff quarters.

The property's location and size will suit any investor looking to continue with business as usual or transform it to accommodate more business premises to tend to the needs of a bustling community.

Feel free to give me a call to discuss this unique investment opportunity.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
300m²
Land Size
2,389m²

Raisethorpe, Pietermaritzburg

New to Pietermaritzburg? You are about to choose one of the most beautiful cities in South Africa! In Pietermaritzburg you will discover the vigour and strength of Africa combined with the elegance and architectural refinement of the British Empire. It is a regional centre for spectacular sports events, outdoor festivals, shows, education, arts and government. Hotels, nightclubs and restaurants cater for the...
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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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

160,246.80

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