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Well Positioned Corner Unit.

R 2,795,000

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1 year ago67 views

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General Details

Location:

Other, Durban City

Description

This 277sqm road level commercial unit is situated on the corner of two busy streets within walking distance to the beach.

This unit would be perfect for a mini mart, or any other form of retail or consulting offices. There are 31 residential units above creating ready made customers.

Alternatively sub divide and make the most of the two street frontal entrances to maximize rental income.

Property Reference #: CL894

Agent Details:
Ritesh Mohanlal
Campbell Property Group
Shop 2,
10 Heleza Boulevard,
Sibaya,
KwaZulu Natal
4320.

Id Subtitle 1194600063

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Estimated monthly repaymentR 30,290

Total property loan amountR 2,795,000

Total interestR 4,474,507

Total repaymentR 7,269,507

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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Campbell Property Group

Selling for 1 year

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Incredible Development Opportunity with Spectacular Sea Views

R 4,880,000

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Unlock the gateway to a lucrative investment nestled adjacent to the prestigious Banners Rest Estate. This expansive plot of land, now available for purchase, offers a pristine canvas for cultivating a harmonious residential enclave in this highly sought-after locale. Seamlessly integrated with the existing architectural tapestry, this property presents an unparalleled opportunity to craft units that echo the charm of the neighboring estate.Key Highlights:Prime Location: Positioned alongside the esteemed Banners Rest Estate, this property boasts a coveted address with close proximity to the coastline, inviting refreshing sea breezes and a desirable coastal lifestyle.Development Potential: With a layout and features conducive to expansion, this property offers a remarkable opportunity to extend the legacy of its prestigious neighbor. Its spacious layout accommodates up to 24 units, presenting the ideal canvas for creating an elegant residential community.Investment Appeal: Forward-thinking investors are invited to spearhead this transformative project, steering it towards a successful realization. The stage is set for crafting a living experience that resonates with the discerning tastes of the local community.Popular Accommodation Style: The envisioned development aligns with the prevailing trends in accommodation preferences for the area, promising a venture that is both lucrative and in high demand.Spectacular Views: Elevated to offer breathtaking sea vistas, the property promises future residents an unparalleled living experience that rejuvenates the soul and captivates the senses.Port Edwards Growth: With Port Edward experiencing robust growth, the demand for premium accommodations has surged. This project stands ready to meet this demand and contribute significantly to the regions advancement.Seize the Opportunity: Embrace the chance to be a part of this transformative project that not only reflects market trends but also embraces the essence of the local community. Contact our dedicated agent today to schedule a site visit and witness firsthand the boundless potential of this extraordinary piece of land. The future of premium coastal living beckons—act now to make it yours.Property Reference #: CL94Agent Details:Gert Van ZylReal and Proper TNo 1 Bank Street (Corner Bank Street and Marine Drive)MargateKwaZulu Natal

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Historic Re-development Opportunity - Point Waterfront

R 8,000,000

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