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Prime Commercial Space In The CBD Of Durban, KZN
R 50,000,000
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2 years ago257 views
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General Details
Location:
Description
Ideal for showroom and office space. Situated in the Durban CBD.
3 floors and basement parking
The subject property comprises of a solid four storey open plan building suitable for offices, showroom, accommodation, warehousing, call centre, entertainment or even a drive through facility. The building has over 5 200 q m of concrete floor area and is positioned at one of Durban's busiest intersection on a corner site with excellent exposure to vehicular and pedestrian traffic. Each level comprises of kitchenettes, ablution facilities and store rooms whilst the roof is slabbed which enables the building to be developed further. 2 x goods hoist lifts (1 x 1816kg & 1 x 909kg) is available on the property. Parking for approximately 40 vehicles is available at the basement.
Durban is the largest city in the province of KwaZulu-Natal and is located approximately 600km from Johannesburg making it very popular with local and international tourist due to its subtropical climate and excellent beaches.
Durban is one of the fastest-growing urban areas in the country. It has a large and diversified economy with strong manufacturing, tourism, transportation, finance and government sectors. Its harbour is the busiest in South Africa and is rated as one of the 10 largest in the world as well as being the busiest container port in Africa.
Property Reference #: CL585
Agent Details:
Yusuf Essa
Choprop Sales and Letting
146 Willem Botha Street
Wierda Park
0157
3 floors and basement parking
The subject property comprises of a solid four storey open plan building suitable for offices, showroom, accommodation, warehousing, call centre, entertainment or even a drive through facility. The building has over 5 200 q m of concrete floor area and is positioned at one of Durban's busiest intersection on a corner site with excellent exposure to vehicular and pedestrian traffic. Each level comprises of kitchenettes, ablution facilities and store rooms whilst the roof is slabbed which enables the building to be developed further. 2 x goods hoist lifts (1 x 1816kg & 1 x 909kg) is available on the property. Parking for approximately 40 vehicles is available at the basement.
Durban is the largest city in the province of KwaZulu-Natal and is located approximately 600km from Johannesburg making it very popular with local and international tourist due to its subtropical climate and excellent beaches.
Durban is one of the fastest-growing urban areas in the country. It has a large and diversified economy with strong manufacturing, tourism, transportation, finance and government sectors. Its harbour is the busiest in South Africa and is rated as one of the 10 largest in the world as well as being the busiest container port in Africa.
Property Reference #: CL585
Agent Details:
Yusuf Essa
Choprop Sales and Letting
146 Willem Botha Street
Wierda Park
0157
Id Subtitle 1002030333
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Estimated monthly repaymentR 541,854
Total property loan amountR 50,000,000
Total interestR 80,044,848
Total repaymentR 130,044,848
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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Choprop Sales and Letting
Selling for 3+ years
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