AUCT-002518 | SOLD

Retail Property in Glen Ashley

238 Rinaldo Road, Glen Anil, eThekwini Metropolitan Municipality, KwaZulu-Natal

Retail Property in Glen Ashley. 238 Rinaldo Road, Glen Anil, Durban

Extent: ± 1 012 m² | Fully tenanted | Gross Annual Income: ± R4 Million | Ample parking and yard area | Excellent road frontage | Redevelopment opportunity


This well-located commercial property offers excellent visibility and accessibility along Rinaldo Road. It is ideal for office and retail use, featuring multiple tenants and secure parking facilities. The property's versatile layout makes it suitable for businesses requiring office space, retail exposure, or storage facilities.

Property Features
This fully tenanted property spans 1,012 m² in extent and accommodates 11 tenants across a mix of office, retail, and storage spaces. The back section consists of six office units, providing flexible workspace options. At the front of the property, there is one ground-floor retail unit with prime exposure to Rinaldo Road. Additionally, there is one large unit that spans both the ground and first floors, comprising multiple sections and dedicated storage rooms, making it highly versatile for various business operations.

Additional Amenities
The property includes communal ablutions and a shared lunch area for employees. Parking is well provided for, with seven parking bays at the front of the building. At the rear, accessible via a gated driveway, there are 13 undercover parking bays and two open bays, ensuring ample secure parking for tenants and visitors.

Commercial Type:
Commercial Building
Web Reference:
AUCT-002518
Final price:
POA
Address:
238 Rinaldo Road, Glen Anil, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
24 April 2025 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required

Bidding opens in


Auction Date: 24 April 2025 11:00:00am


Marco Forno
                                                         In2assets Representative

Property Agent


Marco Forno
Show number
mforno@in2assets.com


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