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.