Extent: ± 1 755 m² | GBA: ± 821 m² | Partially tenanted | Gross Monthly Income: ± R 24 182 | 19 Parking bays
This standalone office building located in the suburb of Dawncliffe in Westville presents a lucrative investment opportunity within a prominent office node. Here are the key highlights and advantages of the property:
Strategic Location:
This property is located on Maryvale Road within the suburb of Dawncliffe in Westville. The area lies approximately 15 km West and a mere 20 minutes from the Durban CBD. Westville is a predominantly middle to upper income residential community with a busy central business node. The area is also home to prominent schools such as Westville Boys High, Westville Girls High and Westville Primary School.
Improvements:
This property comprises a 3 Storey Office building situated on a 1 755 m² Site. The ground and lower ground floor both comprise of a configuration of open plan and individual office spaces which are serviced with kitchenette and ablution facilities. The basement level consists of a large undercover parking area with multiple storerooms.
The property also offers a fully tarred yard area which accommodates parking for ± 19 parking bays
Tenancies:
Presently a portion of the first floor and the basement level are tenanted. They both generate a combined gross monthly income of ± R 24 182.00
Convenient Access:
The properties’ location provides convenient access to major roads and highways, facilitating easy travel to nearby areas and the coast. Westville can be easily accessed either via the N3 Freeway near the popular Pavillion Shopping Centre or via the M13 Highway. The properties bordering the M13 between Westville and Durban are popular commercial corridor with a number of retail and commercial buildings.
