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R8,900,000

Commercial property for Sale in Pietermaritzburg Central.

According to Deeds search extent of subject property is 1232 sqm

The property lends itself to various possible ventures and the first floor half portion of the building was in the past the home of The Red Door and later The La Casa nightclub. The clubhouse area is still very poised as a nightclub venue with intact build in bar counters with stage and male and female restroom's with ablution facilities. The club has an open area to its northern side which is accessible as additional entertainment area under open air for seating and other exterior functions if required. There is a second batch of compartments that was at a stage utilized as a flat let with four large rooms of different sizes a kitchen and with one on suite bathroom cum toilet facilities and two separate toilet's /shower areas. Obviously, this area can be utilized for various other functional business activities or ventures without too much disruption and the access to this area is via a staircase siding the entrance to the ground floor area. The Ground floor area on the northern side is an excellent portion of the building that in the past have been utilized first as an firm who did competency training for prospective firearms and handgun competency training and tests the latter years the area was for the daily training and college activities for prospective farmers in the agricultural realm. The conference office areas also sports a walk in strongroom/safe with flanking offices for the teachers/staff. The adjacent building which is the Ground floor portion of the premises underneath the club and open area of the first floor was occupied by the Glass fit business with ample room for drive-in , drive through vehicles with ample parking work bay areas.
The abovementioned is purely an overhead of past enterprises which utilized the buildings in the past and the possibilities for future business ventures are endless and taxi owners, automotive workshops, offices, storage facilities and retail businesses will find this building suitable for their ventures without having to make huge building alterations.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,232m²

Pietermaritzburg Central, Pietermaritzburg

PMB Pietermaritzburg is the capital and second largest city in KwaZulu Natal. It was founded in 1838 and it is home to a campus of the University of KwaZulu-Natal. Pietermaritzburg is a major producer of Aluminium, as well as timber and dairy products. Set in the heart of the Natal Midlands in KwaZulu Natal, Pietermaritzburg is a city of charm and dignity, at its loveliest in spring when masses of azaleas...
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CHRISTO Pretorius, principal of the Dormehl Phalane Propety Group branch in Pietermaritzburg, was all smiles when he took the DPPG award for Best Training Principal this year - but he should not have been as surprised at this...
 
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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

121,341.43

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