R 3 500 000
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1 600 m² Commercial space in Umbilo

847 m² 1 600 m²

This property is ideally located in Umbilo close to the University and close to the Industrial area. It will suit buyers that would want to use this property for either of the two scenarios.

It has easy access to public transport, situated on the main road which offers easy commuting too and from work and more especially road frontage for the avid business operation.

The land is level and sitauted on 847 sqm of land which allows for easy parking, easy docking of consulables, loading accessibility and ample storage space.

The property is double storey with almost 1000sqm of storage for factory facility as well. This can easy be dry wall partitioned and made to suit student accommodation. The property also has three phase power and has an upper level as well. These can be multi tenanted for the avid investor if need be.

The current rental potential is at an added advantage due to the locality of the property. With a little bit of TLC this property will become AAA grade instantly and market value will escalate.

The property is empty and ready for immediate occupation.

Contact Tracy Maharaj now to view.

Property details

  • Listing number T4592287
  • Property type Commercial
  • Erf size 847 m²
  • Floor size 1 600 m²
  • Rates and taxes R 11 350

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