Retail Return on Investment in Prime Umhlanga Rocks Village

R 4,700,000

5 months ago627 views
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General Details
For Sale By:Agency
Size (sqm):185
Parking:Street
Description
Don't hesitate to get into this Commercial sectional title property investment.

Seldom on offer, this prime real estate property is located in the heart of Umhlanga Rocks Village.

Situated close to all the vibey restaurants and within walking distance to Umhlanga Promenade, this 145 sqm is ideal for investors looking for good returns or for a service related business.

The property has the option of renting out half of the existing premises which can be used to subsidise a bond and the use of the other half for your own business.

OR, subdivision into 2/3 offices for different business to rent is also a possibility.

With a total lettable area of 185sqm, a potential Rental Income of R632,000 Per Annum could be achieved based on the surrounding rentals within the Centre.

There are 6 open bays allocated to the property which come at a cost of R350 per bay.

Don't delay, call today to arrange a viewing.

Rates And Taxes: 4621
Temperature Control: aircon
Property Reference #: 2955416

Agent Details:
Lloyd Robinson
Just Property Umhlanga
Shop 27b Lighthouse Mall
Lighthouse Road
Umhlanga

Id Subtitle 545614369
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Website: http://just.property/branch/800724
Just Property UmhlangaMember since 2017
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Website: http://just.property/branch/800724