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R9,080,000

Monthly Levy
R4,697 Excl. VAT
Monthly Rates
R11,717 Excl. VAT

Investment / End User Warehouse FOR SALE

Located within a 24/7 secure industrial park in the heart of Springfield industrial, this purchase includes both a 488m2 unoccupied warehouse along with 643m2 tenanted warehouse where a lease is in place unit 2023 on a 8% escalation.

Current rental income of property = R43 711 excl VAT

Total potential income = R75 431excl VAT

Option to take entire space as vacant can be negotiated.

Rates: R11 717 pm

Levies: R 4 697 pm

Roller door height is 4.7m, with height at the apex being just over 5m. These units are well suited for medium sized logistics companies, retail or light manufactures, a steal structure mezzanine which runs through out the 488m2 warehouse providing extra storage space.

Flow within the park is aided by separate entrance and exit points which are manned 24/7 and container trucks being accessible to the park. Visitors parking are close by with 8 parking bays dedicated to the units.

Great Brand Exposure along Inanda Road, Springfield

Springfield is an historic industrial node located along the Umgeni River. Popular for its central location obtaining ease of access to the N3, N2 and North Coast Road, the area links up with the Port, Durban North, Durban South and Inland KZN. Springfield Industrial Node is +- 20km from South Africa's Busiest port and +-30km from King Shaka Airport.

Features

0
0
Zoning:
Industrial
Interior
Power 3 Phase
Yes
Power Amps
60
Exterior
Security
No
Sizes
Floor Size
1,131m²

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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

128,962.75

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