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Umhlanga - Retail Centre for Sale.
R 14,950,000
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General Details
Location:
Description
Prime Property presents a 2596m2 commercial site for Sale in Umhlanga.
The site is zoned: GR4 - Plans done for 18 Residential units.
Rezoning application underway for a GR1 Zoning which will allow 24 units.
The plans are completed.
Sales Price: R15 395 000.00 ex vat
Great Investment Opportunity.
Presently the site is being used as a retail centre.
This classical, well known retail centre has served the Umhlanga community for a number of years. It is located in one of the most quintessential neighbourhoods in Umhlanga.
It has been a well managed retail centre with six retail shops including a garage/workshop.
Great views.
Great location.
Contact me today to secure a viewing.
Property Reference #: CPP3242
Agent Details:
Raj Maharaj
Prime Property
Shop 5
7 on Millennium Boulevard
Umhlanga Ridge
4321
The site is zoned: GR4 - Plans done for 18 Residential units.
Rezoning application underway for a GR1 Zoning which will allow 24 units.
The plans are completed.
Sales Price: R15 395 000.00 ex vat
Great Investment Opportunity.
Presently the site is being used as a retail centre.
This classical, well known retail centre has served the Umhlanga community for a number of years. It is located in one of the most quintessential neighbourhoods in Umhlanga.
It has been a well managed retail centre with six retail shops including a garage/workshop.
Great views.
Great location.
Contact me today to secure a viewing.
Property Reference #: CPP3242
Agent Details:
Raj Maharaj
Prime Property
Shop 5
7 on Millennium Boulevard
Umhlanga Ridge
4321
Id Subtitle 1263164118
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Estimated monthly repaymentR 162,015
Total property loan amountR 14,950,000
Total interestR 23,933,410
Total repaymentR 38,883,410
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
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