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Lease Period
Negotiable
Availability
Negotiable

PRIME SITE FOR DEVELOPMENT

The site is situated on a strategic corner, located on Umhlanga Boulevard which will be the main road which intersects through to the expanding Cornubia Business Precinct.

The site is also in very close proximity to the Gateway shopping centre, the hospital & other surrounding landmarks.

The land size is 1155 sqm, and will be developed to maximum bulk of 2772 M2

It will have 76 undercover basement parking bays, Ground Floor Retail, and 4 Floors of Office/Mixed Use.

We are looking for a blue chip tenant to occupy the premises on a long term lease and build to their specifications. Alternatively, we are open to looking at 1 tenant per floor plate which we have attached in this mail.

Commercial terms of the lease will be governed by the market and the feasibility of the project in terms of a return on investment.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,155m²

Umhlanga, Umhlanga

Claiming the title as the most prosperous town in KwaZulu-Natal is uMhlanga- an area synonymous with opulent buildings, breath-taking sea views, lavish holiday-homes and big blue chip business. The area is a tourist attraction owing to its array of world-class restaurants, accommodation, and natural beauty.  Place of Reeds uMhlanga means “Place of Reeds”, is a direct translation from the...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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