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R10,500,000

207

"Prime Retail Space in Pietermaritzburg Central"

Welcome to an exceptional opportunity to acquire a thriving commercial-retail property, strategically situated in the bustling heart of Pietermaritzburg Central, KwaZulu Natal. Located at 207 Church Street this newly listed gem is perfect for savvy investors and business owners seeking a high-traffic environment
This impressive property boasts a vast 2000 square meters of retail space, with 1900 square meters of usable area. The building's robust brick and concrete construction ensures longevity and low maintenance, while modern features such as a storage room and lift-elevator enhance usability and functionality. Zoned for mixed-use, the property's current commercial retail operations offer flexibility for future transformation, including student accommodation given its proximity to a major university campus/tvet colleges
Positioned on a busy road, this prime location guarantees maximum visibility and easy access. It's nestled in a safe, vibrant environment surrounded by schools, shops, and public transportation, making it an ideal choice for a wide range of businesses. The central city location further amplifies its appeal, drawing in a steady flow of potential customers and clientele from the local and surrounding areas.
This property's front-facing brick facade stands out, offering an attractive invitation to passersby, and its generously sized layout accommodates up to 100 rooms, ideal for various commercial endeavors. Don’t miss this rare opportunity to invest in a property that offers income through versatility and exciting future potential for mixed-use development. Contact us today to schedule a viewing and secure your stake in this prime commercial haven.

Features

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Zoning:
Commercial
Exterior
Security
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Extras
Lift-Elevator • Safe Location • City Center • Near University/Campus • On Busy Road • Near Public Transportation • Brick • Near Schools • Concrete • Near Shops • High Traffic
 
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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

R
%

Monthly Payment

143,155.61

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