R4,950,000

R4,950,000

425m² Business For Sale in Umbilo
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Bottle Store with 3 Section Title Units

Web Ref. CL1788
Land size 361.00 m²
Floor size 425.00 m²
Monthly Bond Repayment
R45,279.59
This ground floor commercial property presents an exceptional investment opportunity with established tenants and a good passing trade. Strategically positioned in a prominent corner, this site is ideal for long term investors seeking both immediate income and future growth potential.

. Tenanted units generating +-R40 000 rental.
. Unit sizes 223m², 141m² and 61m².
. Option to purchase adjacent superette.
. Combined turnover of bottle store and superette +- R800 000. pm
. Additional 3 bedroom flat at the back- adden rental income.

Whether you are expanding your portfolio or seeking a high yield asset with stable tenants and business potential, this listing ticks all the boxes.

Features

Zoning
Commercial
Interior
Sizes
Land Size 361 m²
Floor Size 425 m²
Additional Amenities
Bottle Store [141sqm], Tearoom [223sqm] and Flat [61sqm]

Umbilo, Durban

Durban has an interesting history, Vasco da Gama’s passing in 1497, Lieutenant Farewell and Shaka. In 1823 Farewell took part in a British expedition to Natal and then decided to start a settlement there. He persuaded 25 other British colonists to join him, and in June 1824 he built the first houses. Only four of these original settlers remained with him. In July 1824 he visited Shaka from whom he received a large land grant round Durban Bay. Shaka was a warrior, a military leader, and king of the Zulu people of southern Africa (1816-1828). By the time of his death, Shaka had the largest and most powerful kingdom in south-eastern Africa. Berea From these early beginnings Durban was born and with it the “Berea” was formed...
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Google map for 425m² Business For Sale in Umbilo

Disclaimer

While every effort will be made to ensure that the information contained within the Wakefields website is accurate and up to date, Wakefields makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.