R 8 500 000 | investment property for sale in rydalvale

Property Description

Investors Dream, Set up your Retirement. Looking for a visionary to establish themselves in a Phoenix commercial market. Can be used for Office space or Retail. Money Maker- Busy Central Hub of Phoenix. 9 units fully leased with a monthly income of R60000. Easy access from Phoenix highway and Parthenon Street. Ideally situated for foot traffic. Room for future developments. Approved plans and partial building for third floor and an additional 5 units. Further income of R 30000. Ample Parking Bays on the Premises. Well maintained ablutions. Originally planned for a medical center. Long term leases are in place. valid financials available for intent buyers. Make an appointment to view.

Property Details

Purchase PriceR 8 500 000

Building Size265 m2

Price Per SQMR 32075 m2

Type of PropertyInvestment


Last Updated26 Oct 2018

External Features

Open Parking Bays20

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Property Location

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12 Acropolis Street, Rydalvale, Phoenix, KWAZULU-NATAL, South Africa
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Lorraine Chinnah

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