Prime Commercial Property

R 8,000,000

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13 days ago24 views
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General Details
Location:
For Sale By:Agency
Description
A rare opportunity to purchase one of the last remaining commercial properties in the heart of the business district of Shelly Beach. This vacant land has just been cleared of all buildings and is ready for a new project. The large sized stand offers an advantage of having roadside frontage from marine drive and 2 entrance/exit points to Marine drive.

The property is currently zoned Limited Commercial, and is situated right across the road from the newly developed McDonalds.

Property Reference #: CL11755

Agent Details:
Nicola Eaton Gutzeit Team Twinning
Tyson Properties
112 Main Road
Shelly Beach
KZN South Africa
4270

Id Subtitle 1274359358
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Estimated monthly repaymentR 86,697
Total property loan amountR 8,000,000
Total interestR 12,807,176
Total repaymentR 20,807,176
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Tyson Properties
Selling for 3+ years
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