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R38,000,000

Compendium Westway Office Park
Monthly Levy
R8,951 Excl. VAT
Monthly Rates
R58,770 Excl. VAT

2 846m2 Office building available FOR SALE in Westville, Durban

Upside Properties is pleased to offer this 3-story office building in the well-maintained and secure Westway Office Park in Westville.

Property Specifications
Floor area: 2846m2
Backup power and water
Asking price: R38 000 000
Est Annual Income: R6 498 720
Est Annual Expenses: R812 652
Est Annual ROI: 14.96%

Expenses
Monthly rates: R58 770
Monthly levies: R8 951

Parking bays
Open bays: 58
Covered bays: 39
Tandem bays: 18
:.Total useable parking bays: 113

Tenants
Compendium Insurance Brokers: 2 045m2
Vacant Space: 801m2


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

39
76
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
2,846m²
Parking Bays
Covered Parking Bays
39
Open Parking Bays
76
 
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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

R
%

Monthly Payment

528,842.00

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