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R4,100,000

11 Nasik Road

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Monthly Rates
R11,083 Excl. VAT

Perfect Commercial Building for Sale

Tyson Properties Commerical brings you a lucrative opportunity open to investors and/or end-users.

This double storey mixed use building currently operates as River Palace bets. The upper level operates a tote while the lower level is a bar, restaurant and a hot spot for 'pool' players. The bar features an industrial kitchen which invites home industry rental revenue. Each level is interconnected with a mini bar are on the upper level. The tote can easily be turned into office space while the bottom could operate as multiple service based businesses.

Building is sold with current tenants and existing leases. Lease information available on request.

Parking bays are situated directly outside the building accommodating approximately 8-10 vehicles. Property has all round access and has potential for subdivision to enhance rental revenue. We invite all investors, end-users and/or developers to take advantage of this great offer. Call and make your appointment to view today.

Features

0
8
Zoning:
Commercial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
400m²
Land Size
624m²
Building Height
5m
Parking Bays
Open Parking Bays
8
Extras
Air Conditioner • Double Storey • Bar Counter • Balcony • Office • Storage

Merewent, Durban

The city of Durban is rich in culture, warmth and personality. The view of the city skyline with the iconic Moses Mabhida Stadium arch rising from the bay on a crisp blue afternoon is breathtaking. There are miles of gorgeous beaches and vegetation-dense inland hills rising behind the city borders, when the need to get out and explore beckons. This raw beauty has guaranteed that Durban has and always will be a...
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In the news

Durban's Hot Property Locations
Chris Tyson, chief executive officer of Tyson Properties, says as Africa’s fastest growing city, Durban is an exciting place to work, play and live in.   Tyson explains that KwaZulu-Natal is one of the...

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Market value

R4,100,000

Offers from

R4,450,000

Offers for this listing must be made in R50,000 increments. More Info

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Disclaimer: While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson 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

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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

57,059.27

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