Fully Let Investment Property

AUCT-001653 | On Auction

Fully Let Investment Property

151 Umbilo Road, Congella, Durban, KwaZulu Natal

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)


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

Bidding opens in


Auction Date: 19 May 2022 11:00:00am


Luke Hearn
                                                         In2assets Representative

Property Agent


Luke Hearn
Show number
[email protected]


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