CBD Commercial Property

CBD Commercial Property

AUCT-000338 | SOLD

44 Johannes Nkosi Street, Durban, KwaZulu Natal


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CBD Commercial Property Opposite Taxi Rank, 44/46 Johannes Nkosi (Alice) Street, Durban

PORTFOLIO SALE

GBA: ± 3 044 m² | Building consists of retail, warehousing & residential components | High commuter trade zone | Projected gross rental income: ± R1.06 Million per annum

This commercial mixed use property is located in Durban’s CBD opposite the Alice Street Taxi Rank. The property consists of 5 floors which includes off-street retail. Johannes Nkosi (Alice) Street is one of the main arterial road filtering into the city along the N3. The property therefore enjoys prime exposure. There are also warehousing/factory components and two residential units. There is a goods hoist from Fountain Lane as well as 4 parking bays. There is a passenger lift through the main entrance. The current projected gross annual rental is ± R1.06 Million.


Commercial Type:
Commercial Building
Web Reference:
AUCT-000338
List price:
Price undisclosed
Address:
44 Johannes Nkosi Street, Durban, KwaZulu Natal
Property Extent:
3044 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
06 December 2016 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
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