Amanzimtoti - MR588422

Commercial in Amanzimtoti , Durban - South Coast, Kwa-Zulu Natal

R 1,099,000

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100m2
1517m2
Amanzimtoti - MR588422
Commercial in Amanzimtoti , Durban - South Coast, Kwa-Zulu Natal
R 1,099,000
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Key Features

Services

  • Levy R3827 .
  • Rates and Taxes R2236 .

More Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 100m2
  • Erf Size - 1517m2
  • Price per square floor meter - R10,990 per m2
  • Price per square erf meter - R724 per m2

MyRoof Stats

  • 35 Views
PID=588422 DID=612692 SID=1

This property is on the on the busy commercial stretch of Main Road Doonside, with plenty of parking. It is naturally organized as two stores adjacent to each other with customer parking directly in front, in a mixed residential and commercial sectional title scheme. Both stores have had reliable tenants for some time. The current PC Repair shop occupies both shops - having taken the opportunity to expand when the curry shop closed. Other retail, service and convenience businesses within 100 meters generate a great deal of passing traffic. There are convenience stores, a mini supermarket, pet store, bottle store, appliance store, barber and several other small retail, self care and office based [hidden] is a great location for small businesses serving the local and pass through communities. Tenants will always be easy to [hidden] from the two rentals is currently R15 500 / month (Or R155 / sq m) with the landlord paying Levies, rates and utilities averaging R7 500 / month. For a nett of R8 000 / mo. This is a great return on the asking [hidden] R3827Rates R 2236Water and electricity average about R 1 500 / monthNett: R8 000 / month averageNOTE that this Seller is a VAT registered business so VAT is payable instead of transfer duty. (Unless zero rating is possible bsed on the Purchaser's VAT status)Call Greg for details or to view.


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