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R2,390,000

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R8,500 Excl. VAT

Prime Commercial Investment – Empangeni

Perfectly located just minutes from Empangeni CBD, this 1012sqm commercial property is an excellent income-generating investment.

Currently fully tenanted with 5 tenants, the property brings in a solid R32,000 rental income per month – covering bond repayments and offering immediate cash flow.

Positioned along a busy commercial strip, it enjoys high visibility, easy access, and strong business potential.

Highlights:
• Zoned for business use
• 1,012sqm stand with solid buildings
• Fully tenanted – 5 leases in place
• Monthly rental: R32,000
• Excellent location near Empangeni CBD

A rare chance to secure a stable, income-producing property in one of Empangeni’s busiest business areas.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,012m²
Land Size
1,012m²
Extras
Air Conditioner • Alarm System • Dishwasher Connection • Washing Machine Connection • Scullery • Laundry

Noordsig, Empangeni

Empangeni is the jewel of the KwaZulu-Natal north coast. It is 157 kilometers north of Durban. Empangeni is alongside the beautiful Nkwalini Valley. Besides the panoramic sea views, properties have a view south of the Ngoye mountain range. Empangeni is becoming a booming town with many people relocating to the area for work and upscaling their lifestyle. The area has everything you need to settle in from shopping...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Richards Bay website is accurate and up to date, Seeff Richards Bay 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

32,249.46

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