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R8,500,000

Heritage Building in Prime Location -Essenwood - Durban- Various Options

Welcome to this magnificent heritage building, an architectural gem built in the colonial style, nestled in the heart of Essenwood. Evident from its grandeur are the lofty ceilings and expansive verandahs, which exude the charm of a bygone era.


Stepping inside, you will discover a versatile property that offers a multitude of possibilities. With 18 rooms or offices and 5 bathrooms, there is ample space to accommodate various business ventures. The reception room boasts the same lofty ceilings and elegant wooden floors, adding to the character of the building.


For convenience, the property features three kitchens, two boardrooms, and thirteen parking spaces, making it well-suited for commercial operations. The classic wooden shutters adorning the windows preserve the building's heritage while offering a touch of timeless elegance.


The property is encompassed by a secure boundary wall, and additional security measures, including automated gates, ensure a safe environment. Access from the rear of the property adds to its functionality.


The abundance of off-street parking further enhances the property's potential, catering to the needs of various businesses and clients.


Originally designed for residential use, this enchanting building has been artfully converted for commercial purposes, making it an ideal canvas for a boutique hotel, conference venue, school, or even a residence that embodies the charm and history of the area.


In summary, this heritage building stands as a testament to timeless architecture, offering an extraordinary opportunity for those seeking a unique and versatile property in the bustling heart of Essenwood.

Features

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Zoning:
Commercial
Exterior
Security
No
Extras
Balcony • Stone • Pets Not Allowed • Air Conditioning Unit • Garage • Near Beach • Protected (Historical) • Near Public Transportation • Covered Parking
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

120,725.04

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