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R3,500,000

REZONED MIXED-USE RETAIL/RESIDENTIAL SITE WITH PLANS 3136M²

ILLOVO is an area which local, regional and national government have identified as a key development area. There has been an expansion in residential property development in the Illovo area and existing ILLOVO INDUSTRIAL ESTATE. The demand for a retail facility to cater for the existing population of approximately 8 – 1000 and the growing population is significant and with the proposed Illovo Gateway Project and the newly constructed bulk residential development at the site of the disused Illovo Country Club, alongside with 3792 more residential homes soon to be erected, gives this rezoned commercial site an unparalleled competitive advantage, which will increase as the extensive development planned for the adjacent areas get underway!

This land is in extent 3136m2, adjacent to the main access route to the proposed Auto Supply Park, sloping with a gentle gradient from the upper Wesley Road to the main access road, rezoned for commercial use, fully serviced, no bulk service fees applicable and will require limited civil works.

Plans have been finalized for the construction of a mixed-use retail/residential.

The site of this retail area makes the proposed development ideal for use as a micro-supermarket and will be highly suited to a business owner who wishes to stay close to his place of business.

Lovu, Amanzimtoti

Situated a mere 25 kilometres (off the N2 national highway) from Durban, Amanzimtoti on the Kwazulu Natal South Coast offers warm weather, stunning white sandy beaches with a plethora of safe swimming areas, tranquil lagoons, watersports of every kind, great rock and deep sea fishing, first class shopping amenities and just about everything you could wish for in a coastal holiday town.   Commonly referred to...
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Office: Chas Everitt Amanzimtoti Cause/Charity: SPCA, 4 Paws and a Tale and Cat Walk Animal Shelters Our Amanzimtoti Chas Team are regularly hosting collection drives at Seadoone Mall for their chosen charities SPCA, 4 Paws...
 
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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

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

 

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Monthly Payment

46,252.76

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