317m2 Office building FOR SALE l Investment Opportunity
Upside Properties is pleased to offer this well-maintained and fully tenanted office building behind Kensington Centre in Durban North.
Property Specifications:
- 317m2 GLA
- R5 000 000 excluding VAT
- secure basement parking bays available at R/bay and open bays at R850/bay
- Ample parking bays
Income
- R36,262.00
Expenses
- R19,487.47 (Rates)
Property is fully leased with 5 tenants, all pay rental timeously with a total rental income of R32,262.00. There is an additional Storeroom not currently rented out which is normally R1000 per month. As well as an outside Storeroom/Small office that our gardener currently lives in, that could be rented out as well.
Upside Properties specializes in commercial and industrial property in Greyville, Morningside, Musgrave, Windemere, Umgeni, Springfield, Briardene, Riverhorse Valley, Red Hill, Glen Anil, Durban North, Umhlanga, Mount Edgecombe, Phoenix, Cornubia, Dube Trade Port, and Ballito. We also specialize in the Greater Durban area; however, we have concluded deals in other areas around the country, including Johannesburg and Cape Town.
For more information or to organize a viewing, contact Upside Properties today!
Property Specifications:
- 317m2 GLA
- R5 000 000 excluding VAT
- secure basement parking bays available at R/bay and open bays at R850/bay
- Ample parking bays
Income
- R36,262.00
Expenses
- R19,487.47 (Rates)
Property is fully leased with 5 tenants, all pay rental timeously with a total rental income of R32,262.00. There is an additional Storeroom not currently rented out which is normally R1000 per month. As well as an outside Storeroom/Small office that our gardener currently lives in, that could be rented out as well.
Upside Properties specializes in commercial and industrial property in Greyville, Morningside, Musgrave, Windemere, Umgeni, Springfield, Briardene, Riverhorse Valley, Red Hill, Glen Anil, Durban North, Umhlanga, Mount Edgecombe, Phoenix, Cornubia, Dube Trade Port, and Ballito. We also specialize in the Greater Durban area; however, we have concluded deals in other areas around the country, including Johannesburg and Cape Town.
For more information or to organize a viewing, contact Upside Properties today!
Monthly Rates
R19,487.47
Features
Zoning
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Upside Properties website is accurate and up to date, Upside Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
