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R 750 000

Commercial Property for Sale in South Beach

South Beach, Durban
  • Floor Size 53 m²
53m² Retail Shop in Vibrant South Beach, Durban Central

This compact retail shop is located in the bustling South Beach area of Durban Central, offering an excellent investment opportunity in a high-foot-traffic location.

Property Details:

Size: 53 square metres of versatile retail space.

Location: Situated in the busy South Beach area, surrounded by foot traffic and near key amenities, making it ideal for retail businesses.

Tenant: Current tenant on a month-to-month lease at R8,450 per month, providing immediate rental income.

Monthly Costs:

- Rates: R1,632 per month.

- Levy: R1,970 per month.

Features:

Retail space in a central, high-demand area. Suitable for a variety of retail businesses catering to locals, tourists, and professionals in the area with proximity to popular attractions, public transport, and dense residential and commercial zones.

Investment Potential:

This property offers the flexibility of a...

This compact retail shop is located in the bustling South Beach area of Durban Central, offering an excellent investment opportunity in a high-foot-traffic location.

Property Details:

Size: 53 square metres of versatile retail space.

Location: Situated in the busy South Beach area, surrounded by foot traffic and near key amenities, making it ideal for retail businesses.

Tenant: Current tenant on a month-to-month lease at R8,450 per month, providing immediate rental income.

Monthly Costs:

- Rates: R1,632 per month.

- Levy: R1,970 per month.

Features:

Retail space in a central, high-demand area. Suitable for a variety of retail businesses catering to locals, tourists, and professionals in the area with proximity to popular attractions, public transport, and dense residential and commercial zones.

Investment Potential:

This property offers the flexibility of a month-to-month lease, allowing investors to retain the current tenant or explore new tenant opportunities. The high-demand location ensures consistent interest from potential businesses looking for a strategic retail space in Durban Central.

Ideal Tenant Types:

- Small grocery store or convenience shop.

- Mobile phone repair or accessory shop.

- Takeaway food outlet or café.

- Hair or beauty salon.

- Clothing boutique or footwear retailer.

- Specialty services such as a printing shop or travel agency.

Don’t miss out on this affordable retail investment in one of Durban’s busiest areas.

For more information or to arrange a viewing, contact us today!

Listing number: P24-115451638, Image number: 1
Listing number: P24-115451638, Image number: 2
Listing number: P24-115451638, Image number: 3
Listing number: P24-115451638, Image number: 4
Listing number: P24-115451638, Image number: 5
Property Overview
Listing Number
115451638
Type of Property
Commercial Property
Description
Retail
Listing Date
21 January 2025
Floor Size
53 m²
Levies
R 1 970
Rates and Taxes
R 1 632
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