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R 3 300 000

Industrial Property for Sale in Umbilo

Durban, Umbilo

Floor Size 1200 m² Erf Size 616 m²
Tenanted double storey Industrial Building for Sale in Congella
This double storey Industrial building in Melbourne Road in Congella is on an erf size of 616m2 and has two ground floor units of 300m2 each, and a drive-up ramp to an upstairs Unit of 600m2, giving a GLA of 1200 m2. Total income is R47 158 per month or R566 000 per year with annual rates of R143 000. One can see that the rental rates are below R40 per m2, giving huge potential to increase rental rates. Asking price is R3.3m plus vat, negotiable. Phone Shaun for further details.
Listing Number
114361713
Type of Property
Industrial Property
List Date
06 May 2024
Erf Size
616 m²
Floor Area
1 200 m²

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Health

King Edward III Hospital
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Transport and Public Services

Umbilo
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Congella
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Rossburgh
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Dalbridge
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Contact Agent

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Shaun Stobart
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Contact Agent

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Maxprop Commercial and Industrial - Sales and Letting

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Shaun Stobart
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