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RETAIL CENTRE FOR SALE
R 15,950,000
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General Details
Location:
Description
This iconic retail centre has served the Umhlanga community for 3 plus decades.
It is situated in one of the most upmarket neighbourhood overlooking Umhlanga Rocks and the Indian Ocean.
As a retail centre, it has produced excellent returns since its inception. Presently there are 6 retail shops
plus a garage workshop.
As a possible housing development, plans have been completed for 18 units with roof top gardens and
undercover parking. The plans currently include 6 x 3-bedroom units and 12 x 2-bedroom units with
double car garages and a community pool.
Don't miss out on this exceptional office premises.
Call Phil for viewings.
Property Reference #: CL2504
Agent Details:
Philip Cooley
Prop247
Shop 9E Chartwell Centre
15 Chartwell Drive
Umhlanga Rocks
4320
It is situated in one of the most upmarket neighbourhood overlooking Umhlanga Rocks and the Indian Ocean.
As a retail centre, it has produced excellent returns since its inception. Presently there are 6 retail shops
plus a garage workshop.
As a possible housing development, plans have been completed for 18 units with roof top gardens and
undercover parking. The plans currently include 6 x 3-bedroom units and 12 x 2-bedroom units with
double car garages and a community pool.
Don't miss out on this exceptional office premises.
Call Phil for viewings.
Property Reference #: CL2504
Agent Details:
Philip Cooley
Prop247
Shop 9E Chartwell Centre
15 Chartwell Drive
Umhlanga Rocks
4320
Id Subtitle 1276746253
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Estimated monthly repaymentR 172,852
Total property loan amountR 15,950,000
Total interestR 25,534,307
Total repaymentR 41,484,307
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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