Prime Durban CBD Mixed Use Investment
POA
Durban CBD, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP4303 |
| Asking Price : | POA |
| Ownership : | Freehold |
Description
Available for sale in the heart of Durban's CBD is this mixed use face brick building with 2 road frontages.
The property income is underpinned by a strong retail component which anchors the entire building. The residential component is made up of 36 flats.
Over the years the flats have been leased out by a hotel group as a single anchor tenant. The opportunity therefore is to lease the flats out as individual units, student accommodation or on a head lease to a budget hotel group. The possibility of opening up a sectional title register may also be available to a Purchaser.
The building is soldly built with a beautiful façade and is ideally located close to shopping , transport routes and the beach.
Only serious investors to contact Yianni
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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.
