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Iconic landmark building with the most amazing potential

If you are an entrepreneur/visionary, then this building will certainly appeal to you. It currently is the home of a learning extra-curricular educational institution and as such is geared to that type of work.
The building is set on 2 levels with the lower level holding 3 good-sized offices, a reception area/office, a pizzeria with 2 ovens, 2 built-in fridges, a scullery, dining, a bar, and storage. It also has a glass-walled library, and an outdoor entertainment/dining area/gin lounge. Ablutions are separate for males and females.
The upper level comprises 4 offices, currently used as classrooms, with Proxima connections, a boardroom, and separate ablutions for males and females. air conditioning is ducted and some rooms have a separate aircon.
Parking is 12 open bays to the rear and 2 in front. The driveway is a drive-through. A Jojo tank supplies water for the garden, and some electrical needs are met through solar power.
The property is well secured by means of beams, an electric fence, and burglar guards, and the front door has a metal roll-down door. all windows are Aluminum.
Currently, as it is an educational facility, it is rates exempt.
The Pizzeria is on a prepaid meter and water is by pro-rata billing.
The location is right across from Gordon Road Girls' school and really is a Windermere landmark.

This can be utilized as learning institute, which it is geared up for already, or an office park, medical center or even a mini retail mall - opportunities are endless.

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Features

0
14
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
542m²
Land Size
1,189m²
Parking Bays
Open Parking Bays
14
Extras
solar power • jojo tank • commercial • office space • resturants • Retail • learning institue • Drive Through

Windermere, Durban

Originally called Rio de Natal by Vasco d Gama when he visited in 1497 Durban later received its name from a governor of the Cape Colony named Sir Benjamin D'Urban.  Durban is a cultural melting pot of diversity, ethnicity and top-class cuisine that represents culinary influences from around the world.  Located on the northeast coast of South Africa and being the biggest port, Durban is the heart of Kwa-Zulu...
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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

105,446.58

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