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Commercial Property for Sale in Red Hill
Red Hill, Durban North
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Investors Dream
This property is an investor's dream, offering a combination of 3 retail shops and 5 flats all in one building. The flats offer a layout of 2 bedrooms, a kitchen, and an open-plan lounge and dining area, all units are sectional title with individual water and electricity meters. The building is fully let and generates an income of R6750 per apartment and R5500 per shop, for a grand total of R50 250. This is an amazing opportunity for an investor looking for a steady income stream from a fully occupied building. Don't miss out on this deal, contact me now to schedule a viewing.
Scenic View
Property Overview
Listing Number
114545465
Type of Property
Commercial Property
Listing Date
18 June 2024
Facilities
Bedrooms
10
Bathrooms
5
Kitchens
1
Lounge
1
Dining Room
1
External Features
Garage
8
Parking
18
10 Open Parking, 8 Covered Parking
Shade net parking
Other Features
Security
Security Gate, Totally Fenced
Special Feature
Balcony
Points of Interest
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