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Prime Property Presents Nottingham Road Investment
R 8,500,000
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9 months ago411 views
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Description
Prime Property presents this beautiful property that is nestled in the country side of Nottingham Road in the Midlands Meander.
This is a investors dream with two adjoining properties with a Spar supermarket and Engen service station next door.
Portion 42 is a 3441sqm vacant land with already approved planning to develop four to six town houses
Portion 41 is 3475sqm
Main homestead with 3 bedrooms, 2 bathrooms, 1 en-suite with walk-in closet. Underfloor heating, floors are tiled and carpeted. Fireplace in the main lounge, built in braai on the veranda. Utility room and double garage.
Commercial buildings: Main shop area 26m x 16m
4 units to rent, with dry-walling which can be moved if needed.
Corner Area, used to be a Farm Stall, suitable for Takeaway, measuring 14m x 8m.
Wooden building that can be let, measuring 3m x 8m
There are 6 accommodation units currently being rented out as Contractors Accommodation
Water comes from a private borehole on the property. Power directly from Eskom.
Both the Erfs are being sold together and not individually.
Nottingham Road is the Northern Gateway to the KZN Midlands Meander and is the Hub to the Midlands.
Call Sunil for an exclusive viewing
Property Reference #: CPP3444
Agent Details:
Mikhail Moosa
Prime Property
Shop 5
7 on Millennium Boulevard
Umhlanga Ridge
4321
This is a investors dream with two adjoining properties with a Spar supermarket and Engen service station next door.
Portion 42 is a 3441sqm vacant land with already approved planning to develop four to six town houses
Portion 41 is 3475sqm
Main homestead with 3 bedrooms, 2 bathrooms, 1 en-suite with walk-in closet. Underfloor heating, floors are tiled and carpeted. Fireplace in the main lounge, built in braai on the veranda. Utility room and double garage.
Commercial buildings: Main shop area 26m x 16m
4 units to rent, with dry-walling which can be moved if needed.
Corner Area, used to be a Farm Stall, suitable for Takeaway, measuring 14m x 8m.
Wooden building that can be let, measuring 3m x 8m
There are 6 accommodation units currently being rented out as Contractors Accommodation
Water comes from a private borehole on the property. Power directly from Eskom.
Both the Erfs are being sold together and not individually.
Nottingham Road is the Northern Gateway to the KZN Midlands Meander and is the Hub to the Midlands.
Call Sunil for an exclusive viewing
Property Reference #: CPP3444
Agent Details:
Mikhail Moosa
Prime Property
Shop 5
7 on Millennium Boulevard
Umhlanga Ridge
4321
Id Subtitle 1225153461
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Estimated monthly repaymentR 92,116
Total property loan amountR 8,500,000
Total interestR 13,607,625
Total repaymentR 22,107,625
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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Prime Property
Selling for 7+ years
Total Ads723
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