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R10,000,000

57 Balmoral Drive
Monthly Rates
R17,000 Excl. VAT

1012m2 Standalone office building available FOR SALE in Durban North

Upside Properties is pleased to offer this standalone office building in Durban North

Property Specifications

Floor area: 600m2
Land size: 1 012m2
Asking price: R10 000 000
Achievable Income: R96 000
Estimate Annual Return On Investment: 9.48%
Current setup: reception/waiting area, 3 open plan spaces, 1 boardroom with balcony, 6 offices ablutions on each floor, and store room. 21 secure parking bays available. Good natural lighting. Aircon in every room.

Expenses
Monthly rates: R17 000

Upside Properties specializes in commercial and Industrial properties in Springfield, Briardene, Riverhorse Valley, Red Hill, Glen Anil, Durban North, Umhlanga, Mount Edgecombe, Phoenix, Cornubia, Dube Trade Port, and Ballito. We also specialize in the Greater Durban area, however, we have concluded deals in other areas around the country including Johannesburg and Cape Town.

For more information or to organize viewing contact Upside Properties today!

Features

0
0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
600m²
Land Size
1,012m²

Durban North, Durban North

Durban North is an upmarket area found to the north of Durban. It lies between the N2 freeway and the eastern seashore. The Umgeni River forms its southern boundary. While it has affluent residential suburbs, such as La Lucia in the north, it is a hotspot for commercial and industrial activity. Chris Hani Road (Old North Coast Road) is the main industrial arterial in Durban North, along with Briardene and...
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Disclaimer: While every effort will be made to ensure that the information contained within the Upside Properties website is accurate and up to date, Upside Properties 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

139,168.95

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