Commercial Property With End-user Opportunity

AUCT-000729 | On Auction

143 Julia Road, Overport, Durban, KwaZulu Natal


Prominent Multi-Tenant Industrial Building in Overport, 143 & 147 Julia Road, Overport, Durban

Combined extent: ± 1 650 m² | GLA: ± 3 900 m² | Gross Annual Income: ± R2.3 Million | End-user Opportunity | 43 Parking bays

This prominent located property in Durban, Overport has huge potential to be converted into a multipurpose property or a medical centre. Due to its location close to all amenities and in walking distance to Sparks Road and Brickfield Road as well as Overport City. The property has got access from two roads and enjoys a concrete ramp allowing vehicular access to all floors.
The property is almost fully let, and the potential income is approximately R2.3 Million p.a.

Overport is a hilly residential area in Durban, South Africa. The name Overport is commonly used to refer to the suburbs of Overport, Sydenham, Sparks and parts of Essenwood, with the part of Sydenham west of Brickfield Road usually called Asherville rather than Overport.

The property is for sale by public auction and all bidders have to comply with the In2assets Rules of Auction.


Commercial Type:
Commercial Building
Web Reference:
AUCT-000729
List price:
POA
Address:
143 Julia Road, Overport, Durban, KwaZulu Natal
Property Extent:
1650 m2
Auction Venue:
Storage Unlimited
Durban
KwaZulu Natal
Auction Date:
21 August 2018 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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Auction Date: 21 August 2018 11:00 am

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