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R55,000,000

Highly Visible Umhlanga Showrooms for Sale

Broll are pleased to offer this located Investment or End User Opportunity consisting of two large highly visible showrooms in sought after Meridian Drive. Two buildings separated by a common driveway on one ERF consisting of 3 Sectional Title Units which are fully let. The building fronting onto Meridian Drive containing two showroom premises (known as Block/Building B) is made up of two sections; the first is located on the Southern End of the building consisting of 12m2, Ground Floor entrance and 159m2 Mezzanine office occupied by Bidtrack Vehicle Security.
The Second section of Block/Building B consists of two highly visible showroom premises separated by a 5.2m wide covered passage allowing fro greater visibility of both showrooms or the potential to connect both premises.
Showroom is 427m2 in size with a 70m2 Mezzanine Store. It is occupied by Dreamworks (Supercool Engineering, Auto DNA). Showroom 2 is 443sqm in extent and occupied by Minty's Tyres.
The basement of ...

Features

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0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
2,325m²

Umhlanga Ridge, Umhlanga

The combined Umhlanga and La Lucia node is accessible from the N2 highway via the M41, with La Lucia south and Umhlanga north of the M41. Approximately 87.9% of total stock is A-grade with many buildings having sea views and attractively landscaped gardens. Amenities include retail and medical facilities, banks as well as hotels. Gateway Theatre of Shopping (a popular retail destination) is undergoing a...
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In the news

Sustainable innovation and alternative uses key to SA prime office markets
A golden triangle links South Africa’s prime office locations running from Umhlanga/La Lucia in KwaZulu-Natal across to the Sandton CBD in Gauteng and down to Century City in the Western Cape. While each precinct offers...
 
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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

734,464.51

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