1951 m² Commercial space in Riverhorse Valley

R 25 000 000

Brett van Laun

Prop247

1951 m² Commercial space in Riverhorse Valley

R 25 000 000

Floor Area 1951 m² Rates R 41327 Levy R 33083

This well positioned 1951m2 office in Riverhorse Valley overlooking the river for sale, priced at R25 000 000 excluding vat.

Ideal for a company corporate head office, call centre or marketing and advertising company.

Great branding opportunities as it overlooks the N2 freeway. Easy access for customers and staff.

Secure office park with 24H guarded security.

89 Parking Bays:

54 Covered bays

35 Open bays

Potential Annual Rental Income

- Net annual rental: R2 692 380 (R115 x 1951)

- Total Potential Annual Gross Income: R2 692 380, excluding Vat

Annual Non-Recoverable Cost

- Repairs and maintenance: R108 948 per annum (3% of gross annual income)

- Total Annual Non-Recoverable Costs: R108 948, excluding Vat.

Potential Yield

- Potential Annual Gross Income: R2 692 380

- Less - Non-Recoverable Costs: R108 948

- Potential Net Annual Income: R2 583 432

- Yield: 10.3%

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Brett van Laun

Brett

van Laun

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Experience Durban North

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.

Northwood Boys Secondary School in Durban North
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1951 m² Commercial space in Riverhorse Valley

R 25 000 000

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1951  m² Commercial space in Riverhorse Valley photo number 13

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