Verified Listing
Posted on November 13, 2020 / 289
Price : R2,100,000
Listing Type : Commercial Property
Location : South Coast
Ref. No : 2668
Net Profit : N/A
Property Value : R 2 400 000

A great commercial and residential building is for sale on the Hibiscus Coast. The building has recently been renovated and is in great condition. The building has two residential units on the 2nd level as well as 3 business premises on the ground floor that could be combined to make a larger unit if needed.

The building is located in a residential area which lends its hand to being the captive market for the businesses below as well as a great place for renters on the top floors, the top floors could also be used as offices or even doctors’ rooms. Rental income expected is R30 000+ per month fully let. This building is valued at over R2.4mil and is a great investment with a asking great price, this opportunity will not be on the market for long.

* Morgan Laxton – LP – KZN South Coast