R 4 725 000
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179 m² Retail Space in New Town Centre
179 m²
Umhlanga - For Sale 179sqm Commercial/Retail property R4 725 000. This 179 sqm retail/commercial property is situated in the popular and sought after Outlet Park Retail Centre in a prime position.in Umhlanga New Town Centre .
Comprises:-
Ground floor approx 140sqm with shops x 2, kitchen and storeroom. Suit restaurant and
shop. The ground floor is let for R40 250pm until June 2026 with a 15% annual escalation. One office on the mezzanine is let for R3 000pm until March 2025. The other office is let at R5000pm on a month to month basis.. There is plenty of parking in this sought after retail complex. Mezzanine is approximately 40sqm with a separate entrance and has a meeting room and open plan office. Asking price R4 725 000.
Property details
- Listing number T4052515
- Property type Retail
- Listing date 15 Jun 2024
- Floor size 179 m²
- Rates and taxes R 8 001
- Levies R 3 295