R19,500,000
R19,500,000
Erf 1839 m²
Expenses
Rates and Taxes:
R23,814 per month
Commercial business for sale in Verulam
For Sale Multi Tenanted Building in Verulam – R19 500 000.
Prime investment opportunity in Verulam! This fully tenanted 3-storey building boasts two major Banks as anchor tenants, ensuring a steady income stream. With a gross lettable area of 2,123sqm and long-standing tenants, this property offers stability and potential for growth. Situated on a 1,839sqm land, the building yields over 9% pa in rental income. Although requiring repairs, the asking price of R19.5m is negotiable. Serious buyers can access the tenant schedule for further evaluation. Don't miss out on this lucrative investment prospect!
Listing details
Other features
- Walls
- Face brick walls
- Windows
- Aluminium windows
- Security
- Security gates
We are your local property experts in Verulam, South Africa
North Durban Office
Pam Golding House, 2 Swapo Road (Broadway), Durban North, 4051, 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 Coastal Invest (Pty) Ltd t/a Pam Golding Properties KZN Durban Coast
North Durban Office details