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PRIME PROPERTY || FLORIDA ROAD || MORNINGSIDE, DBN - FOR SALE

PRIME PROPERTY ON FLORIDA ROAD, MORNINGSIDE, DBN FOR SALE

Set in the heart of Morningside on one of the busiest streets in Durban, this property is in a prime location. Given that the area is fully developed with very little vacant land available, this property boasts a total of 1800 square meters of gross lettable area. It is surrounded by fast food outlets, restaurants, businesses and teems with nightlife with lots of foot traffic day and night, seven days a week.

There are 2 floors, with a mezzanine. It has a large open balcony, perfect for those summer nights. The property has a kitchen area, plenty of male/female toilets. There is also a cold room on site. This property was previously used as a night club.

It is currently zoned Business/Commercial. A liquor license can be arranged at an additional cost. The property has rights to trade up until 4am.

Ideally it would suite a nightclub, restaurant, or any other suitable business in the food and entertainment industry or suitable to the surrounding environment.

There is also an option to lease the property.

Kindly contact me to discuss further.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,800m²
Land Size
1,048m²

Morningside, Durban

Those seeking to relocate to the leafy Durban suburb of Morningside have very diverse lifestyle requirements, from big green outdoor spaces and trendy entertainment areas to top-notch security and proximity to a range of amenities. "However it manages to deliver for just about everyone," says Nicole Sheppard, Chas Everitt International sales manager for Morningside. "Even the most particular among them...
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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

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Monthly Payment

407,726.79

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