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R7,038,000

WAREHOUSE FOR SALE IN RETAIL PARK

Outlet Park was developed in 2014 and is located in Umhlanga Ridge New Town Center, this sought-after quick developing mixed-use environment in the Northern suburbs, which is home to major blue chip corporate businesses and an array of upcoming flats, hotels and high affluent homes.

The unique open plan, single levelled design of the shopping center allows for exceptional convenience, as Outlet Park boasts more than 300 ample parking bays. Initially developed for use of factory outlets, the tenant mix in 2017 shifted towards a more home improvement offering and as since attracted some big businesses from this industry.

This shopping center is highly visible and easily accessible of the N2 highway coming from both Northern and central Durban, with an intersection linking the N2 and Cornubia to Meridian Drive directly next to the property.

PRICE EXCLUDES VAT.

Features

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0
Title:
Sectional
Zoning:
Industrial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
391m²

Umhlanga New Town Centre, 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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All you need to know about the commercial property grades available in uMhlanga
In commercial real estate, properties are classified into various grades including Class P- Grade, Class A-Grade, Class B-Grade and Class C-Grade. These classifications are an easy way for investors, lenders and brokers to rate...
 
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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 Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

92,036.10

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