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LARGE OFFICE BUILDING CURRENTLY USED AS SHARED OFFICE SPACES – GLA 1 877 SQM – JOHANNESBURG COMMERCIAL PROPERTY AUCTION IN DURBAN, KWAZULU-NATAL AUCTIONED BY BIDX1

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DURBAN - COMMERCIAL PROPERTY, INDUSTRIAL PROPERTY, INVESTMENT PROPERTY

LARGE OFFICE BUILDING CURRENTLY USED AS SHARED OFFICE SPACES – GLA 1 877 SQM – JOHANNESBURG

DESCRIPTION:

Invited Opening Bid R15 000 000

Bidding deposit R50 000 *fully refundable if unsuccessful bidder

Property Summary

Current Rental Income p/m – R178,092

Potential Rental Income p/m – R648,165

Additional Income – R14,097 *admin,late,penalties,contract fees,tags, recoveries etc

 Zoning: Commercial

 Erf Size: 7 126 sqm

 Rates: R26,780.08 p/m

FEATURES:

79 Rentable Units

 10 x coworking spaces

 56 x office rentals

 13 x virtual offices

 59 x Covered Parking Bays

 20 x Open Parking Bays

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