R32,000,000
R32,000,000
58 parking baysErf 492 m²
Expenses
Rates and Taxes:
R48,252 per month
Commercial Building for sale in Morningside, Durban
Prime Commercial Property with Long-Term Tenant – High Rental Income & Expansion Potential
Pam Golding Properties presents a rare investment opportunity in a highly desirable commercial node.
This well-maintained building is anchored by a long-term tenant (FNB) and offers solid returns with current rental income of R1.895 million per annum. Ideal for investors, the property also includes an additional 1,185sqm of bulk, allowing for future expansion or redevelopment.
Property Features:
Gross Lettable Area: 1,114sqm
Total Parking Bays: 58
Power Supply: 3-phase, 400 volts, 100 amps
Additional Bulk: 1,185sqm
Annual Rental Income: R1,895,000
Special levies: R12 434 per month
Zoning: Business/Commercial
This is a great opportunity to acquire a high-yield asset in a prime location, with development potential and a strong tenant in place.
Contact us today to arrange a viewing or to request further information.
Listing details
Other features
- Roof
- Metal roof
- Windows
- Aluminium windows
- Boundary
- Palisade fence boundary
- Security
- 24 hour manned security including security gates
I'm your local property expert in Morningside, South Africa
Durban Office
344 Florida Road, Morningside, 4001, KwaZulu-NatalRegistered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Durban Metro Props (Pty) Ltd t/a Pam Golding Durban
Durban Office details