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R4,500,000

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Monthly Rates
R16,507 Excl. VAT

5,409m² Building For Sale in Bellair

Chas Everitt International Durban South is proud to present to the avid buyer, an extraordinary opportunity to acquire a multi-faceted commercial property offering diverse potential investments and income streams. Situated in the heart of the sea view Durban, this property features a blend of commercial, residential and faith-based facilities.
The extensive property boasts a sizable church that comfortably accommodates 250 seated attendees. Additional spiritual facilities include a baptism pool, a pastor's office with a private toilet and basin, a sound desk equipped with a sound system and speakers, and a church hall adjacent to the church with a large kitchen. For your comfort, the church and hall facility is cooled by four air conditioning units of which only two units are in working order, and ceiling fans.

Beyond the main building, the property expands further onto the two semi-detached houses each with their own unique configurations. House 1 houses 2 bedrooms, 2 bathrooms, and a kitchen while House 2 boasts a lounge, kitchen, 2 bedrooms, and a bathroom with an additional guest restroom.

Tucked away on the extensive plot, you'll discover two quaint cottages each featuring an open plan lounge and kitchen layout. Cottage 1 offers a bathroom, whilst Cottage 2 accommodates not one, but two bedrooms along with the bathroom.

Additionally, the property consists of a small flatlet, 2 Wendy houses, 2 small rooms adjacent to the church building, all equipped with essential amenities creating opportunity for additional income or space for visiting guests. Completing this unique package, is the substantial parking facility for up to 110 vehicles and 2 wooden storage huts.

Current rental income for 5 units totals R18 000,00 per month excluding utilities, with immense potential income of up to R35 000,00 per month excluding utilities, should all dwellings be rented excluding the church.

Given the rich combination of features, location, and potential income, this R5250000 property is an exceptional investment opportunity for visionary buyers. Now is the time to secure this superior commercial property.

Don't delay; secure your future in the thriving commercial sector now.
For buyers who value uniqueness, potential and a prime location, this is an opportunity not to be missed.
Schedule a viewing today to explore the potential of this standout property.

Remember, great opportunities like this don't stay on the market long.

Features

0
0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
5,409m²
Land Size
5,409m²

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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

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Transfer Fees
Deeds Office Levy
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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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

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