South Beach, Durban, KwaZulu-Natal ID 607791
Commercial
0.0
0
900m2
This commercial property is perfect for a Re-development project, however we are are currently asking for R4million Negotiable for these 2 ERFS Totaling to about 900+m combined. When re-developing you can build 108 Bachelor flats and get 15 %ROI. South Beach is perfect for investment as you get low priced properties which you can leverage. This property used to be a church and an academy, it has a church and various offices inside and also has back rooms at the back. We have went to great heights to complete a feasibility study for the re-development of this property. When redeveloping you can get 108 Bachelor units, ROI is 15% Required finance from purchaser:R16.5Million Total Project Cost Apprx R32mill The balance can be financed should buyer qualify. To get more information contact me
Cede Properties
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