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R19,900,000

Marcello Square

New Development. Unveiling a Remarkable Retail and Commercial Mall Transformation

Introducing The Diamond Plaza: Development opportunity.
In the bustling heart of Witbank, South Africa, where opportunity meets innovation, a transformation is underway. For over 18 years, we have been at the forefront of the property industry, and today, we proudly present an exceptional property venture that is set to redefine the landscape of retail and commercial space. Welcome to The Diamond Plaza - an extraordinary development that takes the existing 2-level property to a grand 3-level masterpiece.
A Prime Location: The Heart of Witbank
Nestled in the heart of Witbank's busy business hub, The Diamond Plaza is strategically located, surrounded by major business sectors, prominent business owners, renowned shopping malls, Eastvaal Ford, and the beloved Fruit and Veg market. It proudly stands on the prominent street corner of Mandela Drive, offering limitless visibility to a captivated consumer base. The support and patronage it enjoys from this thriving community are testament to its appeal.
Endless Opportunities for Growth
While the current property is partially developed, it serves as a canvas of opportunity, ready for you to explore and expand. The vacant land that accompanies it provides a golden opportunity to maximize revenue income. The possibilities are as limitless as the visibility it offers.
Strategic Access: The N4 Advantage
One of the key strengths of The Diamond Plaza is its easy accessibility via the N4 highway, making it a magnet for consumers from near and far. The 2,952 square meters of mixed-use zoning, including Mall development with retail and restaurants, positions it ideally to harvest its full investment return value. The strategic location and accessibility create a perfect synergy.
A Tax Advantage: A Smart Investment Move.
A significant advantage that The Diamond Plaza offers is that the property is being sold through two Close Corporations, both of which are VAT registered. For the new owner, this means an opportunity to acquire the property without the burden of transfer duty. It's a smart move that adds to the overall appeal of this remarkable development.
The Diamond Plaza in Detail
Retail Heaven within the Diamond Plaza will house an array of retail outlets, from chic boutiques to large department stores, creating a shopper's paradise.
Dining Delights enjoy Savoring the culinary diversity at our restaurants, offering a variety of cuisines to cater to all tastes and preferences.
Commercial Hub besides retail, The Diamond Plaza provides a prime space for commercial enterprises, offering a hub for business growth and innovation.
Entertainment Extravaganza is at the core of our development. Expect cinemas, arcades, and events that will captivate the community.
Community Connection, the Diamond Plaza is not just a mall; it's a community center where people come together for shopping, dining, and social interaction.
Future-Proof Design, our three-level development is designed for the future. It's not just a mall; it's a testament to growth and innovation.
Invest in The Diamond Plaza: The Smart Choice
Investing in The Diamond Plaza is more than just a real estate venture; it's a strategic move. The prime location, endless potential, and tax advantages make it an appealing prospect for property investors and entrepreneurs alike.
Don't miss this opportunity to be part of the transformation of Witbank's retail and commercial landscape. The Diamond Plaza is where business and community meet, and where dreams turn into reality.
Are you ready to embrace this exciting journey? Contact us today, and let's explore the possibilities that The Diamond Plaza holds for you. Make your mark in the heart of Witbank - become a part of the brilliance that is The Diamond Plaza. Your investment, our vision, together we shine.

Features

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Zoning:
Commercial
Exterior
Security
Yes
Sizes
Land Size
3,000m²
Extras
West • Fibre • City Center • South • Frequency location • Restaurant area • High Speed Internet • Downtown • Near Shopping Mall • Alarm System • East • North • CATV-cable • High Traffic • Redeveloped • Near Bus
 
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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

276,946.20

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