Sectional Title of Entire Floor Available at Harbour View, Victoria Embankment
This is a perfect investment opportunity for a business wishing to have space for their business plus rent out the balance of offices. Presently set up with 20 offices, plus has a large reception & waiting area, boardroom with a lounge plus a dedicated kitchen.
The asset has a stable tenancy worth around R 34 680 per month income. After expenses and a provision for vacancies, the annual net income is expected to be round R 3 530 000.00.
FEATURES:
* 439 sq M * Sectional Title * Entire Floor * Boardroom & Lounge * 20 Private Offices * Harbour Views * Common Reception * Kitchen & Toilets in Uni * 2 Parking Bays 19 sq M Balcony
Umhlanga's Blackburn Estate is a picturesque suburb that epitomises the perfect balance between coastal serenity and modern living. Situated along the northern coast of KwaZulu-Natal, South Africa, this area is renowned for its beautiful beaches, lush greenery, and upscale residential developments.
Brief History
The history of Umhlanga is marked by its transformation from a quiet seaside village to...
More Info
Sign-up and receive Property Email Alerts of Full Floors for sale in Blackburn Estate, Umhlanga.
Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.