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 25 000 000

Commercial Property for Sale in Greyville

Greyville, Durban

Contact broker for street address

5 201 m²

Contact Broker

Richard Shorey

Show Contact Number

.

A WELL MAINTAINED MULTI STORY COMMERCIAL PROPERTY WITH SERVICE STATION

Situated in the heart of a bustling commercial district on a major arterial route, this profitable, well maintained four-story building offers a prime investment opportunity.

The property is easily adaptable to accommodate a variety of needs, including residential.

WHAT YOU ARE BUYING:

• A profitable tri- lease service station with a large forecourt and shop. Engen is wanting to extend for a further 20 years

• Return on investment 10.98% calculated over 10 years.

• First floor – a secured 34 parking bay parking garage and small factory/warehouse area.

• Second & third floor – offices jewellery manufacturer and other areas, church and crèche

• Fourth floor – open plan warehouse/ factory area with offices and ablutions.

• Land extent 1327 m2.

• Total area under roof 5720 m2 – lettable area 5201...

Listing number: P24-115068310, Image number: 1

Listing number: P24-115068310, Image number: 2

Listing number: P24-115068310, Image number: 3

Listing number: P24-115068310, Image number: 4

Listing number: P24-115068310, Image number: 5

Listing number: P24-115068310, Image number: 6

Listing number: P24-115068310, Image number: 7

Listing number: P24-115068310, Image number: 8

Listing number: P24-115068310, Image number: 9

Property Overview

Listing Number

115068310

Type of Property

Commercial Property

Listing Date

14 October 2024

Erf Size

1 327 m²

Floor Size

5201 m²

Rates and Taxes

R 41 754

Zoning

General Business

Building

Building Grading

P Grade

Power Availability

Single Phase

Points of Interest

Bond Calculator

*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.