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

ZoningCommercial

Last Updated26 Oct 2018

External Features

Open Parking Bays20

Similar Property for sale surrounding Rydalvale

  Busy loading results...

View Similar Properties to rent


Busy loading image -TPN Rentbay  loading...

Property Location


Busy loading image -TPN Rentbay
12 Acropolis Street, Rydalvale, Phoenix, KWAZULU-NATAL, South Africa
Busy loading image -TPN Rentbay

Lorraine Chinnah

Share
Similar Property for sale
Busy loading image -TPN Rentbay
R 1 520 000
Office +1 km away
Busy loading image -TPN Rentbay
R 1 570 000
Office +1 km away
Busy loading image -TPN Rentbay
R 1 950 000
Building +1 km away
350 m2
Busy loading image -TPN Rentbay
R 900 000
Investment +2 km away
227 m2
Busy loading image -TPN Rentbay
R 21 600
Office +3 km away
180 m2