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R8,000,000

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R3,700 Excl. VAT

PRIME HIGHWAY FRONTAGE WITH DEVELOPMENT POTENTIAL

SITUATION
This 2.2-hectare property, zoned Residential General, presents a viable opportunity for investors and commercial developers. Located adjacent to the N3 Highway and close to Howick, Hilton and Pietermaritzburg, it affords both accessibility and exposure.
DEVELOPMENT POTENTIAL
With its strategic location and ample space, this property offers numerous possibilities, whether you are envisioning an industrial / commercial complex, or a mixed-use development.
HIGHWAY ACCESS
Situated along the N3 highway, which is the distribution lifeblood from Gauteng to the Durban harbour, accessibility for receiving and despatch connectivity is simplified.
INVESTMENT POTENTIAL
Unlocking the commercial potential, as well as rentals, this property lends itself to viable financial prospects, whether through inhouse businesses, commercial ventures or future developments.
SECURUTY
The whole complex is secured by a perimeter electric fence and two electric access gates.
FACILITIES
This property features two homesteads, staff accommodation, 3 workshops, a factory and storage buildings. Water is supplied by a bore-hole with adequate storage facilities.
FINANCIAL OPPORTUNITIES
This property is suitable for an investor or developer looking for a viable financial asset.

Features

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0
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
993m²
Land Size
2Ha

Merrivale, Howick

KZN’s Midlands, a quiet retreat close to the city buzz, is a popular place to live The country lifestyle of the KwaZulu-Natal Midlands with its convenient access to major cities remains a sought after area. Recently there has been an up-tick in interest in country smallholdings and farms in the Nottingham Road area, while demand for retirement accommodation in secure developments in Howick continues...
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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

113,623.57

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