OPENING BID STARTING AT R2.4 MILLION
GLA: ± 380 m² | Fully let | Gross annual income: ± R550K (including operational costs)
This property consists of four individual units on two levels and are each occupied with one tenant each. All costs on the property are fully recovered.
Musgrave is a cosmopolitan suburb on the Berea. The Berea is a ridge above the city of Durban, KwaZulu-Natal, South Africa on the northern side which overlooks the city centre and the Indian Ocean. Some of the oldest mansions in Durban were built in this once forested area. Today, many of these have been converted into offices or made way for apartment buildings. The two main areas of the Berea are Musgrave and upper Glenwood which are separated by the N3 Western Freeway highway which leads into the city centre.
Viewing: 15 August 2017 from 14h00 to 15h00
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