This compact retail shop is located in the bustling South Beach area of Durban Central, offering an excellent investment opportunity in a high-foot-traffic location.
Property Details:
Size: 53 square metres of versatile retail space.
Location: Situated in the busy South Beach area, surrounded by foot traffic and near key amenities, making it ideal for retail businesses.
Tenant: Current tenant on a month-to-month lease at R8,450 per month, providing immediate rental income.
Monthly Costs:
- Rates: R1,632 per month.
- Levy: R1,970 per month.
Features:
Retail space in a central, high-demand area. Suitable for a variety of retail businesses catering to locals, tourists, and professionals in the area with proximity to popular attractions, public transport, and dense residential and commercial zones.
Investment Potential:
This property offers the flexibility of a month-to-month lease, allowing investors to retain the current tenant or explore new tenant opportunities. The high-demand location ensures consistent interest from potential businesses looking for a strategic retail space in Durban Central.
Ideal Tenant Types:
- Small grocery store or convenience shop.
- Mobile phone repair or accessory shop.
- Takeaway food outlet or café.
- Hair or beauty salon.
- Clothing boutique or footwear retailer.
- Specialty services such as a printing shop or travel agency.
Don’t miss out on this affordable retail investment in one of Durban’s busiest areas.
For more information or to arrange a viewing, contact us today!
