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Ref: 14860869

Riverhorse Valley Commercial Property For Sale

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R25,000,000 - Riverhorse Valley
Ref #: 14860869
Added: 15 Days Ago
Type: Commercial Property
Suburb:Riverhorse Valley  (in Durban North)
Price:R 25,000,000 (For Sale)

Property Features

  • 1951
1,951mē Office For Sale in Riverhorse Valley

This well positioned 1951m2 office in Riverhorse Valley overlooking the river for sale, priced at R25 000 000 excluding vat. Ideal for a company corporate head office, call centre or marketing and advertising company. Great branding opportunities as it overlooks the N2 freeway. Easy access for customers and staff. Secure office park with 24H guarded security. 89 Parking Bays: 54 Covered bays 35 Open bays Potential Annual Rental Income - Net annual rental: R2 692 380 (R115 x 1951) - Total Potential Annual Gross Income: R2 692 380, excluding Vat Annual Non-Recoverable Cost - Repairs and maintenance: R108 948 per annum (3% of gross annual income) - Total Annual Non-Recoverable Costs: R108 948, excluding Vat. Potential Yield - Potential Annual Gross Income: R2 692 380 - Less - Non-Recoverable Costs: R108 948 - Potential Net Annual Income: R2 583 432 - Yield: 10.3%

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» Brett Van Laun

031 502...031 502 7016Show numbers
083 659...083 659 5666Show numbers
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Please quote the following reference(s) when enquiring about the property

Ref: 14860869
Agency Ref(s):CL601

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