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R8,500,000

2 robin rod

Prime Property Presents Nottingham Road Investment

Prime Property presents this beautiful property that is nestled in the country side of Nottingham Road in the Midlands Meander.

This is a investors dream with two adjoining properties with a Spar supermarket and Engen service station next door.

Portion 42 is a 3441sqm vacant land with already approved planning to develop four to six town houses

Portion 41 is 3475sqm
Main homestead with 3 bedrooms, 2 bathrooms, 1 en-suite with walk-in closet. Underfloor heating, floors are tiled and carpeted. Fireplace in the main lounge, built in braai on the veranda. Utility room and double garage.
Commercial buildings: Main shop area 26m x 16m
4 units to rent, with dry-walling which can be moved if needed.
Corner Area, used to be a Farm Stall, suitable for Takeaway, measuring 14m x 8m.
Wooden building that can be let, measuring 3m x 8m
There are 6 accommodation units currently being rented out as Contractors Accommodation
Water comes from a private borehole on the property. Power directly from Eskom.
Both the Erfs are being sold together and not individually.
Nottingham Road is the Northern Gateway to the KZN Midlands Meander and is the Hub to the Midlands.

Call Sunil for an exclusive viewing

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
6,918m²
Land Size
6,918m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Prime Property website is accurate and up to date, Prime Property 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

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Monthly Payment

120,725.04

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