Price : R 8,500,000
Listing Type :
Commercial Property
Location :
Durban
Ref No. : 2986
Year Established : 2018
Net Profit : TBA
Property Value : R 8 500 000
Erf Size : 2035 m2
This is a heavy industrial factory property with high-end finishes offices in a prime central Durban location with excellent access to the freeway network, comprising of the following space:
- Offices/retail 200m²
- Utility buildings 266m²
- Open workshop 1300m²
- Yard 269m²
Total sqm: 2035m²
The reason for selling is the owner’s retirement. The property has an existing tenant with a monthly rental of approximately R85K with an 8% escalation.
The tenant’s business is also available for sale as per the following listing -> https://renwickbusiness.co.za/listing/tombstone-business-2935/