151 m² Industrial space in Glen Anil

R 1 500 000

Ed Thornton

Just Property-Durban North

151 m² Industrial space in Glen Anil

R 1 500 000

Floor Area 151 m² Land Area 1.2 ha

This mini-factory complex is sought after due to it's location and spaciousness. The unit is in good condition and is currently tenanted at just less than R 90 / sqm.

As an investor you will achieve very close to 9 % nett before the 2020 rent increase.

The seller is a VAT vendor so the transaction can be zero rated.

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Ed Thornton

Ed

Thornton

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Durban North is an established small suburb where the people are friendly, and the surroundings are beautiful. It is a family-oriented area with many activities available. Situated between Durban central and Umhlanga, all amenities and schools are located only minutes away. The area boasts spectacular sea and city views. Although it is centrally and conveniently located, living in Durban North feels very much like living in a small town.

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151 m² Industrial space in Glen Anil

R 1 500 000

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