Amanzimtoti - MR644634

Commercial in Amanzimtoti , Durban - South Coast, Kwa-Zulu Natal

R 1,999,000

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245m2
1517m2
Amanzimtoti - MR644634
Commercial in Amanzimtoti , Durban - South Coast, Kwa-Zulu Natal
R 1,999,000
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Key Features

Services

  • Levy R8530 .
  • Rates and Taxes R4671 .

Heating/Cooling

  • Aircon

More Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 245m2
  • Erf Size - 1517m2
  • Price per square floor meter - R8,159 per m2
  • Price per square erf meter - R1,318 per m2

MyRoof Stats

  • 98 Views
PID=644634 DID=668757 SID=1

Two owners have come together to sell their respective units to offer a Purchaser the unique opportunity to own this building on the busy Main Road commercial strip in [hidden] are are two separate sections (TWO title deeds) in the sectional title scheme called Sea Haven:Upstairs: 147 square meters of open plan office space with a small kitchen [hidden]: A church is currently renting the space at a discounted rate of R12 500 / month. There is no commitment to a long term [hidden] : R2435Levy: R4325Downstairs: 100 sq of street level retail space divided into two sections of 50 sq m each. There is a doubke door width opening between the two sections which is currently boarded up. One of the two sections is divided into three rooms, the other is [hidden]: Both sections are rented to a PC Repair store at R15 500 / month. Short term notice can be given to the tenant or a longer term lease can be signed up. The tenant hs occupied the premises for over 3 [hidden]: R 2236Levy: R3827This section is currently owned by a VAT registered company and attracts VAT. (On approax [hidden] as a the share of sale proce accepted).The complex Sea Haven also includes six residential units behind this [hidden] is possible to divide this building from the sectional scheme at the Purchaser's cost, to exit from the scheme and the levies. This involves getting a land surveyor to outline the changes and submit the change to the Surveyor General's Office. (6-9 Months at a cost of R80-R100K)The combined numbers for both units:Price: R 1 999 000Levy: R8 350Rates: R4 671Rental: R15 500 + R12 500 = R28 000 (With a long term tenant upstairs this could generate R30 000 / month)ParkingThere are five bays immediately infront of this building plus there is more public parking at the adjacent lot on Main [hidden] to the N2 is at Seadoone Road just 2 minutes away. Central Durban is 30 minutes and all of the KZN South Coast is easily accessible from [hidden] for more details.


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