AUCT-002164 | On Auction

Investment Property in Richmond

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    2024-03-19 11:00:00
    Investment Property in Richmond

    Investment Property in Richmond. 60 Shepstone Street, Richmond

    Extent: ± 2 023 m² | Multi tenanted | Long standing tenants | Located on a busy road | Established property | Good income

    Richmond - KZN, KwaZulu-Natal


    This prime property is nestled in the heart of Richmond, strategically positioned directly opposite the local municipal offices. This esteemed location not only offers convenience but also ensures high visibility, making it an ideal investment opportunity.

    Boasting a longstanding presence in the community, this property has become an integral part of the area's landscape. Its established reputation is a testament to its enduring appeal and value. The building's facade stands as a symbol of reliability and permanence, making it a sought-after asset in the region.

    The property is home to committed and long-standing tenants who contribute to the stable and impressive income generated. Their dedication to the premises adds to the overall attractiveness of this investment, creating a sense of security for prospective buyers or investors.

    The strategic positioning opposite the local municipal offices not only enhances the property's prestige but also ensures a steady flow of foot traffic and attention. This advantageous location is not only convenient for tenants but also makes the property a focal point in the community.

    Investing in this property promises not only a solid income stream but also the assurance of having tenants deeply rooted in the community, making it an excellent addition to any real estate portfolio. With a history of reliability and a prime location, this property stands as a beacon of stability and prosperity in Richmond.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-002164
    List price:
    POA
    Address:
    60 Shepstone Street, Richmond - KZN, uMgungundlovu District Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    19 March 2024 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

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