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R899,000

Monthly Bond Repayment R9,587.20
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R3,000

PRIME COMMERCIAL OPPORTUNITY FOR DISCERNING DEVELOPERS

Step into an extraordinary chance to acquire a 674m2 commercial land parcel situated in the heart of Reservoir Hills. This remarkable plot, strategically positioned slightly above road level, presents an expansive canvas for you to shape a profitable development tailored to various business needs, whether it's a medical center, attorney's offices, a mechanical workshop or even a baking, obviously with Municipal approval.

This land benefits from a well-established infrastructure, creating the perfect backdrop for a wide range of commercial ventures.

One of the property's outstanding features is its strategic proximity to major transportation routes, ensuring seamless access to local destinations and beyond. This prime site guarantees unparalleled convenience for both residents and customers.

Families in the area will particularly value the accessibility of these amenities, making it an ideal location for a developer looking to secure a highly lucrative income stream. Don't miss this prime commercial opportunity to shape your business vision.

Reservoir Hills, 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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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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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

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Monthly Payment

9,587.20

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