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R25,000,000

Mixed Use for sale in Greyville

5,201m²
1,327m²
.

A WELL MAINTAINED MULTI STORY COMMERCIAL PROPERTY WITH SERVICE STATION

Situated in the heart of a bustling commercial district on a major arterial route, this profitable, well maintained four-story building offers a prime investment opportunity.

The property is easily adaptable to accommodate a variety of needs, including residential.

  • WHAT YOU ARE BUYING:
  • A profitable tri- lease service station with a large forecourt and shop. Engen is wanting to extend for a further 20 years
  • Fuel company rebate approximately R10000.00pm
  • Return on investment 10.98% calculated over 10 years.
  • First floor – a secured 34 parking bay parking garage and small factory/warehouse area.
  • Second & third floor – offices jewellery manufacturer and other areas, church and crèche
  • Fourth floor – open plan warehouse/ factory area with offices and ablutions.
  • A fully secured property with alarms and CCTV
  • Land extent 1327 m2.
  • Total area under roof 5720 m2 – lettable area 5201 m2.

Call for a viewing

Property Type
Mixed Use
Stand Size
1,327m²
Building Size
5,201m²
Rates & Taxes
R41,754
Reference
2327185
Property history
Listed for sale at R20,500,000
10 Oct 2024
Price increased by 22% to R25,000,000
15 Oct 2024
Get to know Durban
Durban situated on the East Coast of South Africa is home to an eclectic mix of cultures. The term “rainbow nation” is nowhere more evident than it is here.
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