A Well Maintained Multi Story Commercial Property With Service Station

Ref # 2327185 : Greyville » Durban » Kwazulu Natal

R 25,000,000

Richard Shorey

Property Specialist
Tel: 0824904000
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Property Details

A WELL MAINTAINED MULTI STORY COMMERCIAL PROPERTY WITH SERVICE STATION

Situated in the heart of a bustling commercial district on a major arterial route, this profitable, well maintained four-story building offers a prime investment opportunity.

The property is easily adaptable to accommodate a variety of needs, including residential.

  • WHAT YOU ARE BUYING:
  • A profitable tri- lease service station with a large forecourt and shop. Engen is wanting to extend for a further 20 years
  • Fuel company rebate approximately R10000.00pm
  • Return on investment 10.98% calculated over 10 years.
  • First floor – a secured 34 parking bay parking garage and small factory/warehouse area.
  • Second & third floor – offices jewellery manufacturer and other areas, church and crèche
  • Fourth floor – open plan warehouse/ factory area with offices and ablutions.
  • A fully secured property with alarms and CCTV
  • Land extent 1327 m2.
  • Total area under roof 5720 m2 – lettable area 5201 m2.

Call for a viewing

Property Features

  • Property Type Mixed Use
  • Building Size 5,201m²
  • Stand Size 1,327m²

Associated Costs

  • Rates & Taxes ± 41754

Location