Commercial Property For Sale - Pinetown

R23,500,000.00

Pinetown, Highway Areas, Kwazulu Natal

Property Information

CODE : PP5599
Asking Price : R23,500,000.00
Ownership : Freehold
Land Size : 5000m²
Building Size : 2463m²


Description

The subject property is situated on Josiah Gumede (Old Main) Road – Pinetown.
The immediate area comprises of international automotive dealerships, retail and commercial
type properties. A corner property, the subject offers double road frontage and a well
balanced tenant mix. A two- storey building with access being gained off both Josiah Gumede
and Mason Road – this includes drive up ramp access to the upper floors.

Selling at 8.2% yield with 28% currently vacant

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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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