AUCT-001653 | On Auction

Fully Let Investment Property

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    2022-05-19 11:00:00
    Fully Let Investment Property

    Fully Let Investment Property. 151 Umbilo Road, Congella, Durban

    Extent: ± 598m² | GLA: ± 1 245m² | Multi-tenanted investment property | High trade zone | Gross Annual Income: R791 K (excluding Vat)

    Congella, KwaZulu Natal


    This busy site is located along Umbilo Road and occupies a great trading position within the busy node of Congella. Currently the property has multiple tenants who occupy the entire building. The property is 589m² in extent but offers a larger GLA of 1245m². Currently the gross annual income, including recoveries, is R791K.

    This is a high income investment that enjoys a strong tenant mix and is situated in a high trade zone.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-001653
    List price:
    POA
    Address:
    151 Umbilo Road, Congella, Durban, KwaZulu Natal
    Auction Venue:
    Mount Edgecombe Country Club
    Mount Edgecombe Country Club Estate
    Mount Edgecombe
    KwaZulu Natal
    Auction Date:
    19 May 2022 11:00 am



    Auctioneer:
    Auction Terms and Conditions:
    R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

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