SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS

R19,500,000

Commercial Building with Lodging Business for Sale in a Prime Location.

Prime Property presents a 597m2 commercial building with an established lodging accommodation business for Sale.
A Rare Find!
Empire Lodge is located in the vibrant Umbilo Precinct. Strategically positioned on the bustling Umbilo Road, this property enjoys unparalleled visibility and accessibility. It is in close proximity to the Port, across the Road from the UKZN Medical School and many well known businesses in the area. It is a short distance to Durban Central and the beach front.

Empire Lodge boasts a well-established reputation, enjoying high occupancy rates and popularity amongst its patrons.

Ideal investment opportunity for the discerning buyer or investor. A location crafted for prosperity and creativity.
The commercial property offers a fifteen room lodging accommodation. It consists of a licensed bar that is fully equipped, a juke box to keep the patrons entertained, slot machines, pool table. A fully equipped kitchen to showcase some culinary skills. It consists of an additional, spacious five bedroom unit that can be designed for student accommodation or long term letting; the possibilities are endless. A retail unit that is presently tenanted.

The lodge offers a unique blend of comfort and elegance.
Boasting fifteen, fully furnished bedrooms(three of the bedrooms consist of double beds and twelve consist of single queen sized beds), all en-suite with showers, air conditioned, TV and wifi.
A spacious five bedroom on the upper level of the bar that can be designed as additional rooms for lodging, long term letting or student accommodation.
A laundry room on the ground floor with staff quarters and ablutions.
A large storeroom.
Backup power(inverter).
CCTV coverage.
The spacious, licensed bar with a sit down area, pool table, juke box, slot machines. Great entertainment.
A large, fully fitted kitchen.
A spacious reception area.
The retail unit is a ground floor, front facing unit on Umbilo Road.
The parking lot can accommodate nine cars. It is safe and secure, gated with security. It can be found in the back of the building. There is ample road side parking available.

Financial statements and additional information are available upon request.
Don't delay! Seize this incredible opportunity!
Contact me today to arrange your exclusive viewing of this gem of a property.

Features

0
0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
597m²

In the news

The Greater Durban Property Market - A Hot Seller!
It now takes substantially less time for properties in Durban to be sold, once they have been listed, compared to the start of this year. Furthermore, Durban has shown the largest increase in property prices in South Africa...
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Lodges for sale in Umbilo, Durban.

I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

Disclaimer: While every effort will be made to ensure that the information contained within the Prime Property website is accurate and up to date, Prime Property 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.

R
R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

274,161.12

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.