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Developer's Dream /Student Accommodation /Warehouse /Shopping center -
R 2,499,999
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2 months ago278 views
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General Details
Location:
For Sale By:Owner
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):4+
Size (sqm):4900
Parking:Secure Parking
Description
Don't miss out on this opportunity to own this ideally situated property, only 7 mins away from DURBAN CBD AND DURBAN BEACH FRONT and less than 5km in radius away from UKZN, DUT, TFET COLLEGE SPRINGFIELD, KING GEORGE HOSPITAL and lots lots more. Those looking at utilising property for student accommodation, look no further. As is, property will accommodate 20-30 students easily and still has enough space to further house 150 - 200 more students. Property contains 600sqm building plus an additional 3000sqm plot of land. There are two road front entrances, as property extends between two plots. Property is zoned for mixed used therefore the potential for a Warehouse or Shopping centre would work perfectly in the area as there is a huge volume of passing trade available. Asking price only :R2 499 999-00 onco - contact :0834121405
Id Subtitle 1264858453
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Estimated monthly repaymentR 27,093
Total property loan amountR 2,499,999
Total interestR 4,002,241
Total repaymentR 6,502,240
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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Kashen Pakkiri
Selling for 4+ years
Total Ads10
Active Ads2
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