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R15,000,000

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R7,163 Excl. VAT

DIVERSE COMMERCIAL PROPERTY NEAR HOWICK

This 8.6 Ha property that is zoned commercial is situated close to Howick with excellent N3 highway visibility. It has a beautiful garden and several ponds. Its enclosed by an electric fence with a secure entrance on the Boston Road.
Strategically located between the N3 highway and close to Howick. This site combines high visibility with easy accessibility, ensuring that it remains a hub of activity and a lucrative spot for business opportunities.
This property is not just a piece of land but a business environment with substantial building infrastructure. Current installations include:
• Diverse Tenant Base: Including a restaurant and a day spa among others.
• Ample Storage: Numerous storage containers are placed on the property.
• Workshop Facilities: A tractor workshop caters to operational needs.
• Lavish Greens: Beautifully landscaped garden and several tranquil ponds create a serene environment that enhances the aesthetic appeal of the property.
• Security: Fully enclosed by an electric fence with a secure entrance off the Boston Road, ensuring safety and privacy for businesses and visitors alike.
With a mix of current tenants that contribute to a steady income stream, this property offers an attractive return on investment. The diverse array of businesses already in place provides a stable financial foundation, while the ample space and commercial zoning present numerous possibilities for further development.
This property would be ideal for:
• Investors looking to expand their portfolio with a property that features existing income and potential for growth.
• Businesses aiming to capitalize on the high traffic location and extensive facilities.
• Developers interested in enhancing the current offerings or expanding the scope of operations.

This property not only offers a prime location and substantial infrastructure but also a peaceful, scenic setting that makes it a unique find in the commercial real estate market. Act now to secure a property that blends profitability with beauty and functionality.

Features

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0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
1,000m²
Land Size
8Ha

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

208,753.42

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