Going On Auction - Retail Investment, Malvern - Durban

Thursday, 13 November 2014

Item details

City: Durban, KwaZulu-Natal
Offer type: Sell
Full Square, m²:86

Contacts

Contact name Deal Core KZN
Phone 031 266 7750

Item description

ON AUCTION 26 NOVEMBER 2014 @ 11AM, THE RIVERSIDE HOTEL, 10 KENNETH KAUNDA ROAD (NORTHWAY), DURBAN NORTH.

WEB REF #DC029

Situated in the heart of Malvern, this 86m2 retail space is an ideal investment opportunity. Located on the ground floor, this unit is fully tenanted and forms part of a sectional title scheme positioned in the prominent Nippers building on Main Road. The space itself holds a small bathroom and storage area. The unit is tenanted by Finbond with the lease expiring 31 August 2019. The gross annual income is R197 800 and escalates at 7% per annum. DETAILED BIDDERS PACK AVAILABLE ON REQUEST.

Available to view by appointment.

For more information, contact Ryan Berry on 083 607 8128 or Seamus Holmes on 082 806 4405.

www.dealcore.co.za
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