11379 m² Retail Space in Greyville

R 63 000 000

Barry Reed

Just Property-Berea

11379 m² Retail Space in Greyville

R 63 000 000

Address: 371 umgeni road
Floor Area 11379 m²

Retail, Warehousing and Offices, For Sale R63m

Floor Area 11 379 m2 @ R5 540 per m2 = R63m

Income R8.5m pa, Expenses R2m pa, Net Income R6.5 pa.

ROI 10% plus

Good Exposure to Umgeni Road

Adjacent to City View Shopping Centre

Sound Investment, with National Tenants.

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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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11379 m² Retail Space in Greyville

R 63 000 000

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