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R2,831,000

Prime Property Presents a Brand New Development in Cornubia

Prime Property Presents Foundry Park offers investors and end-users a unique opportunity to purchase 51 industrial units from 63 sqm up to 194 sqm within Tongaat Hulett Developments' prestigious Cornubia precinct. While Foundry Park responds to the demand for smaller micro industrial space of between 90 sqm to 150 sqm , it also delivers availability up to 340 sqm in Phase 2. Furthermore, there is flexibility to combine units to suit individual space requirements. This range of sizing allows buyers to invest in the something tailored to their needs.

Units are selling from R 767,000 excluding VAT in Phase 1
Foundry Park is located next door to the soon to be completed Hirt & Carter development and 6km from the new Cornubia Mall and Mt Edgecombe, with Gateway just 8 km's. The new road infrastructure including the N2 Cornubia link bridge and interchange will further enhance the location's connectively.

Key selling attributes of this development:

Innovative design & variety of size
Experienced Development Team & delivery track record
Upgrades & additional parking bays available
Low price entry
The optional extra upgrades:

HVAC, ducted and under ceiling
Floor grinding and polishing
Electrical fitting upgrade
Conversion of the roller shutter to an aluminium shopfront
Additional parking bays available at R50,000 per bay
Feature face brick wall to internal demising wall
Burglar bars (transparent Perspex type)
Stainless steel staircase

For more information contact

Features

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0
Building Name:
Foundry Park
Zoning:
Industrial
Exterior
Security
Yes
Sizes
Floor Size
248m²

Cornubia, Umhlanga

Hard to believe that Umhlanga, the buzzing residential, commercial and resort suburb just outside of Durban, was once a seaside resort town called Umhlanga Rocks. During the early seventies it merged with La Lucia to become what it is today - Umhlanga - pronounced Umshlanga and meaning “place of reeds” in Zulu. Things have changed rather radically since the town acquired its suburban status. It...
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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

37,411.87

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