Retail & Residential - Chatsworth

Retail & Residential - Chatsworth

SALE-000382 | For Sale

40 Collier Avenue, Umhlatuzana, Durban, KwaZulu Natal

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Total GLA measuring 330m2

The subject property is positioned at Chatsworth and comprises of a full title building, with 4 shops on the ground floor and 3 residential flats upstairs with 2 bedrooms each. Situated at a corner of a busy intersection.
10 Open parking bays

1 x Retail unit is vacant.

All tenants are on a month to month basis.

Annual income when fully tenanted: +/- R373 200.00

Many masjids, temples and churches are present in this area. One of many famous masjids is Habibia Manzil in Shall Cross. Because of its history, Chatsworth still has a predominantly Indian population. It is a centre of Indian culture, and holds the Temple of Understanding - a Hindu temple. Many South African of Indian origination with Tamil and Telugu backgrounds are residing in this area and Chatsworth is now a fully-fledged suburb of The Durban EThekwini Municipality with industrial developments and infrastructure that continues to contribute to the growing intellectual capital and business environment of Durban.

Commercial Type:
Retail Space
Web Reference:
List price:
R3 250 000
40 Collier Avenue, Umhlatuzana, Durban, KwaZulu Natal
Floor space:
206 m2
Property Extent:
±430 m2

Purchase Price

R3 250 000

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