Retail Investment, Section 7 Athlone Court, 1 Athlone Place, Amanzimtoti
Sectional title retail unit | Extent: ± 308 m² | Three tenants | Current Gross Annual Income: ± R 284 000
This frontline property forms part of the sectional title scheme known as Athlone Court. The property is currently hosting three individual tenants with some of them on long term leases. The retail centre offers various service and retail outlets and there is plenty of parking in and around the centre.
Athlone court is situated in Athlone Park, which is part of Amanzimtoti and is an affluent residential area. The property will be sold on auction terms and prospective purchasers must fulfill certain conditions. Amanzimtoti is a coastal town just south of Durban, KwaZulu-Natal, South Africa. The town is well known for its warm climate and numerous beaches, and is a popular tourist destination, particularly with surfers, and the annual sardine run attracts many to the Tycon beaches.