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Durban North, Durban North, Durban North, KwaZulu-Natal
R 10 000 000
Commercial & Residential Property For Sale - Durban North, KZN! - Prime Location & Excellent Redevelopment Potential - An exceptional commercial property investment opportunity in Durban North, prominently positioned along sought-after Umhlanga Rocks Drive! - This unique offering comprises two adjoining properties, currently generating a combined rental income of approximately ±R75,000 per month through a combination of residential accommodation and an established office/business operation. - The properties feature well-maintained existing buildings, generous paved parking and access areas, secure boundary walls, established gardens and excellent visibility from one of Durban North’s key commercial corridors. - The existing income provides an immediate investment component, while the prominent position presents exciting redevelopment and repositioning potential, subject to the necessary municipal approvals. The site could potentially suit a drive-through restaurant, restaurant, medical centre, professional practice, offices or other high-visibility commercial use. - KEY FEATURES: Prime Umhlanga Rocks Drive location Two adjoining properties sold together ±R75,000 current rental income per month Existing residential and commercial/office use Generous paved parking and vehicle access Secure, established premises Excellent exposure and accessibility Strong potential for redevelopment or alternative commercial use Ideal for investors, developers or owner-occupiers - Selling Price: R10 000 000 - A rare opportunity to secure a two-property investment in a prime Durban North location, combining existing rental income with significant future commercial potential. Contact Us Today for Further Information or To Arrange a Private Viewing!
Estimated monthly repayment
R 94 433
on a R 9 000 000 bond over 20 years at 11.25%
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Durban North, Durban North, Durban North, KwaZulu-Natal
Liivra AI market value
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Listed by
Thandi Tshabalala
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