28 m² Retail Space in Umhlanga Ridge

POA

Virend Deonarain

In2Assets Properties

28 m² Retail Space in Umhlanga Ridge

POA

Address: 63 the palms, 14 palm boulevard
Floor Area 28 m²

Investment Unit within Gateway Precinct. Unit 63 The Palms, 14 Palm Boulevard (Protea Hotel), Gateway Precinct

Extent: 28 m | Gross Annual Income: R 220K | Ground floor unit of the Protea Hotel with high exposure | 1 Undercover secure parking bay | Excellent investment opportunity within the sought-after Gateway Precinct

This unit is positioned on the ground floor of the Protea Hotel, within the Gateway Precincts Palm Boulevard. The unit is currently tenanted until February 2021, however the units within the complex known as The Palms and more so the ground floor units have a zero percent vacancy rate. An undercover secure parking bay is allocated to this unit. The scheme SS The Palms is positioned across the Gateway Theatre of Shopping.

The gateway Precinct and the Umhlanga Ridge New Town Centre offers advantages of location which are unique to South Africa. It is a bustling business environment, 15 minutes north of the Durban Central Business Centre and the Durban Harbour. The location enjoys easy access onto a network of major roads, and approximately 25km from the King Shaka International Airport. Umhlanga Rocks and Umhlanga Ridge has become one of South Africas most important economic hubs. Investor confidence in Umhlanga is evident, with new and current developments totalling a conservative R10 billion. It is home to the first corporate office park in the Kwa-Zulu Natal province, being the La Lucia Ridge Office Estate which includes a number of national corporate head offices amongst many other multinational corporations in the legal, financial and engineering fields.

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Upmarket Umhlanga has become the neighbourhood of choice for many who have moved North from more central areas. In Umhlanga you have the beach on your doorstep, along with malls and shopping centres just minutes away. With its top schools, great hospitals, business parks, gated estates, beachfront apartments and coffee shops, Umhlanga is convenience personified. Umhlanga offers a lifestyle for everyone, be it the happily retired, the on-the-go business person or the young and trendy student.

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28 m² Retail Space in Umhlanga Ridge

POA

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