Retail Investment

AUCT-000366 | SOLD

3 Shelly Business Park, 786 Marine Drive, Shelly Beach, KwaZulu Natal


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Retail Investment, Unit 3 Shelly Business Park, 786 Marine Drive, Shelly Beach, KwaZulu-Natal

DECEASED ESTATE

± 59 m² Unit within an established retail node | Gross annual income: ± R64 800 | Great exposure to main coastal road

This small retail investment unit is perfect for a first time or small investor. The property is tenanted and derives a current rental return of ± R64 800 per annum. The tenant is also liable for rates, levies and utilities. The unit is within a larger retail centre which is situated on Marine Drive (The Coastal Freeway).

Shelly Beach is a coastal town in Ugu District Municipality in the KwaZulu-Natal province of South Africa. Ugu is one of the 11 districts of KwaZulu-Natal province of South Africa. Ugu is Zulu for "coast". The seat of Ugu is Port Shepstone.

Commercial Type:
Retail Space
Web Reference:
AUCT-000366
List price:
Price undisclosed
Address:
3 Shelly Business Park, 786 Marine Drive, Shelly Beach, KwaZulu Natal
Property Extent:
59 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
23 March 2017 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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