Commercial Building in Bellair

AUCT-000158 | Property previously listed

Bellair, Durban, KwaZulu Natal


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Mixed Use Investment Opportunity, 1057-1059 Sarnia Road, Bellair, Durban

Gross building area: ± 1 500 m² | 8 Residential flats | 3 Retail units | Gross annual income: ± R 800K

Triple storey building comprising 8 residential flats and 3 retail components. The property is situated at 1057-1059 Sarnia Road, approximately 200 m from the busy intersection of Wakesleigh Road and the M10, approximately 300 m from other commercial and modern day amenities. The property benefits with excellent exposure from Sarnia Road which is the main arterial road that runs through many Durban South suburb. The current gross annual income is approximately R 800 000. There are 10 parking bays available and ample yard for trucks to manoeuvre. There is development land at the rear and adjacent to the property (which does not form part of the sale), however creates the subject property as an ideal investment or end user opportunity for a large development.

Commercial Type:
Commercial Building
Web Reference:
AUCT-000158
List price:
Property previously listed
Address:
Bellair, Durban, KwaZulu Natal
Floor space:
1500 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
28 January 2016 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
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Property previously listed


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