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R3,300,000

R3,300,000

1,200m² Warehouse For Sale in Umbilo
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Tenanted double storey Industrial Building for Sale in Congella

Web Ref. CL1961
Land size 616.00 m²
Floor size 1200.00 m²
Monthly Bond Repayment
R31,426.67
This double storey Industrial building in Melbourne Road in Congella is on an erf size of 616m² and has two ground floor units of 300m² each, and a drive-up ramp to an upstairs Unit of 600m², giving a GLA of 1200 m². Total income is R47 158 per month or R566 000 per year with annual rates of R143 000. One can see that the rental rates are below R40 per m², giving huge potential to increase rental rates. Asking price is R3.3m plus vat, negotiable. Phone Shaun for further details.

Features

Zoning
Industrial
Sizes
Land Size 616 m²
Floor Size 1,200 m²
Listing Info
Date Listed 06-05-25
Time Listed 10:07

Umbilo, Durban

Westville is a vibrant suburban area that exudes a unique blend of modernity and natural beauty. This picturesque community, located approximately 20 kilometres west of Durban, offers its residents a tranquil and diverse lifestyle. With a rich history, scenic landscapes, excellent educational institutions, and a strong sense of community, Westville has become a sought-after destination for both locals and visitors. History and Cultural Heritage Westville has a fascinating historical background that stretches back to the early 1840s when European settlers started populating the region. The area was originally known as "Westville" due to its geographical location to the west of Durban. It later evolved into a significant railway...
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