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LARGE SECURE PROPERTY ZONED AS BUSINESS AND COMMERCIAL – GLA 1 462 SQM – DURBAN COMMERCIAL PROPERTY AUCTION IN DURBAN, KWAZULU-NATAL AUCTIONED BY BIDX1

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DURBAN - COMMERCIAL PROPERTY, INDUSTRIAL PROPERTY, INVESTMENT PROPERTY

LARGE SECURE PROPERTY ZONED AS BUSINESS AND COMMERCIAL – GLA 1 462 SQM – DURBAN

DESCRIPTION:

Invited Opening Bid R3 500 000

Bidding deposit R50 000 *fully refundable if unsuccessful bidder

Property Summary

Current Rental Income p/m – R118,505

Potential Rental Income p/m – R332,509

Additional Income – R2,919 *admin,late,penalties,contract fees,tags, recoveries etc

 Zoning: Commercial

 Erf Size: 828 sqm

 Rates: R14,934.85 p/m

FEATURES:

95 Rentable Units

 5 x 5 sqm offices

 23 x 15 sqm offices

 1 x 16 sqm office

 18 x 17 sqm office

 2 x 8 sqm offices

 22 x Parking Bays

 24 x Open Parking Bays

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