649 m² Commercial space in Morningside

R 8 900 000

Hayley Craig

Tyson Properties-Morningside

649 m² Commercial space in Morningside

R 8 900 000

Floor Area 649 m² Land Area 1267 m² Rates R 12000

Great investment/buy to let building for sale in Morningside offering a 10% return on investment

649m2 under roof and total erf of 1267m2

Existing leases in place with well established tenants offering

an an excellent rental income equating to approx R134 per m2 + VAT.

3 separate sections under the same ownership

Low expenses, less then 25%.

Good security

ample parking

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Experience Durban Central

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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649 m² Commercial space in Morningside

R 8 900 000

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