R 6 000 000 | business property for sale in durban central

Consist of 3 shops and 1 warehouse at the bottom and 6 residential units [with approved plans for extentions]. Situated in a well nestled in and tightly knitted Islamic community, with a busy business hub near the beginning of Grey Street. These premises have approved building plans available [approved in February 2017], making it an ideal investment to expand the income [plans will be available for viewing to serious buyers only]. Total Size of approximately 487Sqm with an average of R43 500pm current income [Financials will be made available to serious buyers only]. The building currently consists of the following: 3 x Shops 1st - Shop Space consist of approximately 150sqm / currently tenanted by Pillow Fabricators [current rental at R7 000 pm] 2nd - Shop Space consist of approximetly150sqm-currently available - restaurant & take away [current rental at R12 000pm] 3rd - approximately 40sqm / currently used as office [current rental at R5 000pm] 1 x 100 sqm Warehouse Space 2 x 3 Bedroom Apartments [current rental at R5 000p/m each] 2 x 1 Bachelors [current rental at R2 750pm each] 2 x 1 Bedroom [current rental at R2 000pm each] Total income of R43 500pm Viewing strictly by appointment