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R16,000,000

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R16,131.5 Excl. VAT

Prime Commercial Property in Empangeni CBD – A Rare Investment Opportunity

This exceptional commercial property is situated in the heart of Empangeni CBD on the bustling Main Road, offering unparalleled visibility and excellent foot traffic. As an extension of the popular Biyela Shopping Centre, this prime location ensures consistent customer flow, making it an attractive destination for businesses and a lucrative opportunity for investors.

The property boasts a massive 1,040 square meters of shop frontage, providing an impressive retail presence that captures attention. With a gross lettable area of 1,781 square meters, it accommodates multiple tenants comfortably. Additionally, it includes a spacious 740 square meters of basement and storage space, adding further versatility to the property.

Currently, the building houses four separate shops, all fully tenanted with leases in place. The tenants collectively generate over R150,000 in monthly rental income, making this property an immediate income-producing asset. The diversity of tenants adds stability, while the well-structured leases ensure secure and consistent returns.

This property is ideal for investors looking to expand their commercial real estate portfolio. The combination of its high-traffic location, substantial rental income, and potential for future growth make it a standout opportunity. With its strategic position in a thriving commercial hub, this property is well-suited for a variety of retail or business ventures, enhancing its long-term investment value.

Empangeni’s vibrant economy and strategic location in KwaZulu-Natal add to the appeal, ensuring sustained demand for commercial spaces in the area. Don’t miss this chance to own a landmark property in one of the region’s most sought-after locations.

For more details or to arrange a viewing, contact us today and take the first step toward securing this exceptional investment opportunity.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,781m²
Land Size
1,354m²

Empangeni Central, Empangeni

Nestled in the heart of Zululand, Empangeni is a bustling town that serves as a vital economic and cultural hub in the region. Known for its vibrant community, strategic location, and abundant natural beauty, Empangeni has evolved from a small railway station into a dynamic urban centre. With its rich history, diverse industries, and numerous amenities, Empangeni offers residents a balanced and fulfilling lifestyle,...
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Disclaimer: While every effort will be made to ensure that the information contained within the Maxprop Property Group website is accurate and up to date, Maxprop Property Group 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

222,670.31

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