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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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.
