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South Beach, South Beach, Durban, KwaZulu-Natal
R 8 950 000
PERFECT LOCATION, CLOSE TO BEACH Tourist HUB, possible for a boutique hotel, student accomodation, lodge, Ground floor commercial space, perfect for a car showroom, or chain store supermarket or anything to suit your requirements The building consists of 30 rooms / Ten flatlets per floor. Currently being run as daily accomodation, PREPAID WATER AND ELECTRICITY INSTALLED, Finger print ID , turnstyle gates at entry point. BUILDING NEEDS TO BE RENOVATED so reasonable offers will be presented The roof is slabbed therefore possible to put up another level. The site is zoned for 11 stories, so future value is good as land is a premium in this location Property just reduced, current offer awaits finance, Back up offers welcomed from clients with own finance Vat registered entity. Selling price excludes vat
Estimated monthly repayment
R 84 518
on a R 8 055 000 bond over 20 years at 11.25%
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South Beach, South Beach, Durban, KwaZulu-Natal
Listed by
Lerato Naidoo
Unclaimed listing — claim it to verify
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