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R3,295,000

Warehouse To Let In Westmead

This mixed use property is currently being used for clothing manufacturing and offices. It is situated in the highly sought-after Westmead Industrial area. The property comprises of a manufacturing facility of +- 500 sqm and offices of +- 130sqm that are rented out for an extra income. The current owner is prepared to look at a lease back option or prepared to sell to an end user. There are 10 designated parking pays and the property is well secured.

The subject property is located towards the western periphery of the greater Westmead Industrial node. Westmead is currently one of the most sought after industrial locations within eThekweni, and is compared to the industrial nodes in the 'northern corridor' such as 'Riverhorse Valley.' Westmead is positioned adjacent to the city of Pinetown in the outer west region of the eThekweni Municipality. The area comprises a mix of light industrial, general industrial, warehousing and factory type properties. The majority of these properties are owner occupied, who have realised large capital growth lately as a result of current demand and lack of industrial land. Westmead enjoys a close proximity to major arterial routes and good exposure to the N3 National Freeway.

Features

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0
Zoning:
Industrial
Exterior
Security
No
Sizes
Floor Size
634m²
Extras
On-Grade roller shutter door.

Westmead, Pinetown

Located approximately 20 km inland from Durban, starting out as a small town centre, the now booming industrial hub of Pinetown is situated between Westville and Hillcrest and forms part of the western region of the eThekwini district. Named after Sir Benjamin Pine the governor of Natal from 1850 – 1855, Pinetown was established around the Wayside Hotel that was built in 1849 alongside the main wagon route...
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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

41,295.16

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