598 m² Commercial space in Congella

POA

Luke Hearn

In2Assets Properties

598 m² Commercial space in Congella

POA

Address: 151 umbilo road
Floor Area 598 m²

Extent: +/-598sqm GLA: 1245sqm | Multi-tenanted investment property | High trade zone | Gross Annual Income: +/- R791 K (excluding Vat)

This busy site is located along Umbilo Road and occupies a great trading position within the busy node of Congella. Currently the property has multiple tenants who occupy the entire building. The property is 589sqm in extent but offers a larger GLA of 1245sqm. Currently the gross annual income, including recoveries, is R791K.

This is a high income investment that enjoys a strong tenant mix and is situated in a high trade zone.

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Luke Hearn

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Durban Central is a diverse, colourful neighbourhood that includes the beachfront areas, the Berea, Morningside, Glenwood, Musgrave and the CBD. The beach is the biggest attraction and locals flock the promenade to cycle, run, surf, swim, fish or just catch some sun. There are also incredibly lush parks and open spaces dotted around the neighbourhod for residents to take advantage of. The nightlife in Durban Central is exciting with numerous bars, pubs, restaurants and night clubs in close proximity to each other. As its name implies, Durban Central's location makes it convenient to get to any of the other areas around Durban.

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598 m² Commercial space in Congella

POA

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