Commercial Investment Property - Greyville

R65,000,000.00

Durban CBD, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP5273
Asking Price : R65,000,000.00
Ownership : Freehold
Land Size : 8128m²
Building Size : 11379m²


Description

This building consists of retail, offices and warehousing –suitable for various types of tenants and a popular location because of its accessibility.
The building is situated on the corner of Umgeni Road and Fir Lane with access off Walker Lane. Cityviewshopping centre and Greyvilleracecourse are nearby with Durban Station over the road.

A purchase at this level reflects a net initial yield of 9.50% and a capital value of
R 5 712 / m²

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Contact the Agent

Seamus Holmes » +27 82 806 4405
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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