Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
R 13 500 000

Commercial Property for Sale in Brighton Beach

Brighton Beach, Durban
  • Floor Size 2 300 m²
?? Introducing a Dynamic Newly Built Commercial Complex

Nestled along the picturesque Marine Drive in Brighton Beach, this newly constructed commercial complex stands as a beacon of modernity and opportunity. Boasting a total of 11 Sectional Title Units and 2 shops, each with either balconies or patios offering breathtaking ocean views, this property represents the epitome of contemporary urban living and investment potential.

Residential Units Designed for Comfort and Style

The ten 2-bedroom units, spanning 62 square meters each, offer a harmonious blend of style and functionality. Featuring contemporary finishes throughout, including fully tiled open-plan lounges and kitchens equipped with fitted cupboards and plumbing for washing machines, these units ensure the utmost comfort for tenants. The bathrooms are thoughtfully designed with spacious showers, toilets, and basins, catering to the discerning needs of modern...

Nestled along the picturesque Marine Drive in Brighton Beach, this newly constructed commercial complex stands as a beacon of modernity and opportunity. Boasting a total of 11 Sectional Title Units and 2 shops, each with either balconies or patios offering breathtaking ocean views, this property represents the epitome of contemporary urban living and investment potential.

Residential Units Designed for Comfort and Style

The ten 2-bedroom units, spanning 62 square meters each, offer a harmonious blend of style and functionality. Featuring contemporary finishes throughout, including fully tiled open-plan lounges and kitchens equipped with fitted cupboards and plumbing for washing machines, these units ensure the utmost comfort for tenants. The bathrooms are thoughtfully designed with spacious showers, toilets, and basins, catering to the discerning needs of modern living. Currently, 6 of these units are tenanted, generating a rental income of R8000 per month.

Additionally, there is a luxurious 3-bedroom unit, also boasting high-quality finishes and two bathrooms, commanding a rental of R12000 per month, currently occupied.

Commercial Opportunities Galore

Beyond residential offerings, this complex houses a convenient grocery store accessible from the front, generating a steady rental income of R30,000 per month. Moreover, the expansive first floor presents a further income potential of R15000, suitable for a restaurant or gym, promising lucrative returns for savvy investors.

Environmentally Conscious Features

Embracing sustainability, the complex incorporates green features such as solar geysers fitted on the rooftop and six jojo tanks with 5250 liters of storage, ensuring efficient water usage. Furthermore, pre-paid electricity meters are installed in all units, promoting energy conservation and cost-effectiveness.

Secure and Convenient Lifestyle

Residents enjoy peace of mind with automated gates and open or undercover basement parking, with two parking spaces allocated to each unit. The secure environment ensures the safety of tenants and their belongings.

Prime Location with Easy Access

Strategically situated on Marine Drive, Brighton Beach, the complex offers unparalleled convenience with easy access to amenities, public transportation, and major thoroughfares, enhancing its appeal to both tenants and customers alike.

Professional Management for Peace of Mind

With professional management in place, investors can rest assured that their property is meticulously maintained and efficiently managed, minimizing hassles and maximizing returns.

Stable Income Streams

The diverse income streams from residential rentals and commercial spaces provide stability and resilience against market fluctuations, making this investment an attractive option for long-term growth and prosperity.

Seize the Opportunity

This comprehensive offering represents a lucrative investment opportunity in a prime location. Don't miss out on this enticing prospect—contact us today to delve into the possibilities and secure your stake in this thriving commercial complex.

Schedule a viewing and experience firsthand the potential for success and prosperity that awaits within these walls.

Listing number: P24-114188614, Image number: 1
Listing number: P24-114188614, Image number: 2
Listing number: P24-114188614, Image number: 3
Listing number: P24-114188614, Image number: 4
Listing number: P24-114188614, Image number: 5
Listing number: P24-114188614, Image number: 6
Listing number: P24-114188614, Image number: 7
Listing number: P24-114188614, Image number: 8
Listing number: P24-114188614, Image number: 9
Property Overview
Listing Number
114188614
Type of Property
Commercial Property
Listing Date
25 March 2024
Erf Size
2 840 m²
Floor Size
2300 m²
Rates and Taxes
R 7 600
Bathrooms
13
Parking
40
40
Multi Tenanted
Yes
Facing
Sea
Standalone Building
Yes
Number of floors
3
Power Availability
Three Phase
Special Feature
Balcony
Flatlet
Yes
Backup Water
Yes
Loading Loading

Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
Loading Loading

Contact Brokers

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Brokers

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

Share

PrintPrint
Brochure
Loading