Prime Retail Property, 329 Monty Naicker (Pine) Street, Durban
Two Retail shops with prime exposure | Amidst the Berea and Central Taxi Ranks | Very high commuter trade zone along Foundry Lane | Projected gross rental income: ± R409K per annum
This Retail property is located in Durban’s CBD opposite with two Taxi Ranks. The property consists of single level retail shops with great exposure to both Pine Street and Foundry Lane. Monty Naicker (Pine) Street is one of the main arterial road filtering out of the city along toward the N3. The property therefore enjoys prime exposure. The first retail store is approximately ± 95 m² and the second Retail store approximately ± 127 m². There is also a Vodacom Mast from which an income is derived. The projected gross annual rental is ± R409K.