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R 3 300 000

Industrial Property for Sale in Umbilo

Umbilo, Durban

Contact broker for street address

1 200 m²

Contact Broker

Shaun Stobart

Show Contact Number

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.

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Property Overview

Listing Number

114361713

Type of Property

Industrial Property

Listing Date

06 May 2024

Erf Size

616 m²

Floor Size

1200 m²

Points of Interest

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