Durban Central, Durban, KwaZulu-Natal ID 767799
Retail Buildings
2700m2
337m2
This commercial / industrial building comprises of 8 floors (Ground Floor plus 7 additional floors) with a rooftop accomodation section. Situated on a 337sqm plot with street access from both Charloete Maxeke (Beatrice) Street and Maude Lane. Each level is accessed via staircase and lift. Ground floor 300sqm loading area and parking. Gross Leasable Area: 2,500 sqm aprx. The property is sold in its current condition. Property has leaking plumbing systems and requires waterproofing and repairs. The lift is presently not working. Gross monthly rental income R 73,000 with short term leases. Rates R34,000. The property is zoned for General Business which includes permitted usage for Educational , Hostel, Warehouse, Retail or Light Industrial purposes. Three phase power. Walking distance to local and long distance taxi rank, DUT and bus stop. This is a sale of a going concern subject to VAT.
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