P.O.A.

11 bedroom mixed use for sale in Umbilo

800 Umbilo Rd
11 Beds
1,115m²
523m²
Mixed Use Block For Sale In Umbilio | Opposite Ukzn School Of Medicine

Discover an exceptional investment opportunity in the heart of Berea with this fully-let, mixed-use block. This property combines commercial and residential spaces, promising a diversified income stream.

On the ground floor, you'll find four fully-occupied retail stores, collectively offering approximately 400 square meters of versatile commercial space.

The first floor comprises nine spacious flats. Each flat is equipped with individual bathroom and kitchen facilities. Additionally, all flats are fitted with prepaid water and electricity meters, simplifying utility management for both landlord and tenants.

The property includes a small yard area, offering parking for two passenger vehicles, a rare but valuable feature in such a prime location. An additional outbuilding provides extra storage space or the potential for further residential leasing opportunities.

With its strategic mixed-use layout and prime Berea location, this property is a smart investment choice. It not only generates a diverse income stream but also offers ample room for future development and growth. A unique opportunity to expand your portfolio with a high-demand, fully-let property.

Property Type
Mixed Use
Bedrooms
11
Stand Size
523m²
Building Size
1,115m²
Open Parking
2
Rates & Taxes
R9,304.8
Flatlet
Yes
Uncovered Parking
Yes
Reference
2299208
Grade
C
Bathroom
9
Address
800 Umbilo Rd
Property history
Listed for sale at R6,899,999
30 Aug 2024
Updated to price on application
14 Sep 2024
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