Commercial space in South Beach

This is your chance to own a prime piece of commercial real estate in the heart of South Beach, Durban. Perfectly positioned on a busy main road, the property enjoys exceptional exposure and easy accessideal for both commercial and residential rental income.

The building spans three spacious floors, each approximately 450 square meters. On the ground floor, a long-standing hardware tenant currently pays R30,000 per month, with a lease secured until 2027. The second and third floors have been smartly converted into income-generating rental units21 partitioned rooms on the second floor and 20 on the third, collectively bringing in an additional R40,000 per month (excluding VAT).

Altogether, the building generates no less than R70,000 in monthly income, making this a solid, cash-flow-positive investment from day one. Whether you''re looking to expand your property portfolio or step into a high-potential commercial space, this opportunity is not to be missed. Act fastproperties like this in such a prime location dont stay on the market for long!

RE/MAX Sell-ect operates in terms of a franchise agreement with RE/MAX of Southern Africa

SELLECT PROP (PTY) LTD trading as RE/MAX Sell-ect (Phoenix) operates in terms of a franchise agreement with RE/MAX of Southern Africa.