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R7,038,000

WAREHOUSE FOR SALE

Outlet Park was developed in 2014 and is located in Umhlanga Ridge New Town Center, this sought-after quick developing mixed-use environment in the Northern suburbs, which is home to major blue chip corporate businesses and an array of upcoming flats, hotels and high affluent homes.

The unique open plan, single levelled design of the shopping center allows for exceptional convenience, as Outlet Park boasts more than 300 ample parking bays. Initially developed for use of factory outlets, the tenant mix in 2017 shifted towards a more home improvement offering and as since attracted some big businesses from this industry.

This shopping center is highly visible and easily accessible of the N2 highway coming from both Northern and central Durban, with an intersection linking the N2 and Cornubia to Meridian Drive directly next to the property.

Features

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Zoning:
Industrial
Exterior
Security
No
Sizes
Floor Size
391m²

Umhlanga Ridge, Umhlanga

KwaZulu-Natal’s Umhlanga suburbs are home to some of the province’s most sought after real estate. The Umhlanga area has a variety of property types available. If you are looking at residential property you will find freehold houses (full title) and sectional title properties, flats, duplexes, simplexes and vacant stands. Umhlanga commercial property is also available in both conventional freehold...
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In the news

Mixed-use developments the new benchmark for Umhlanga
In Umhlanga, as in many towns around SA and the world, high-end mixed-use developments are becoming the norm as both residential and commercial property users seek shorter commutes, increased convenience and greater...
 
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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

 

LOAN AVAILABLE

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%

Monthly Payment

93,984.75

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