R3,200,000
R3,200,000
439m² Full Floor For Sale in Blackburn Estate
Ref. CLS455
Land 2353.00m²
Floor 439.00 m²
Monthly Repayment
R31,080.36
Carlos Costa
Carlos Costa Candidate Property Practitioner Seeff Umhlanga Rocks PPRA Registered | FFC 1211163
Monthly Levy R8,084
Monthly Rates R65,000
Total R73,084

Sectional Title of Entire Floor Available at Harbour View, Victoria Embankment

47 Margaret Mncadi Avenue
Web Ref. CLS455
This is a perfect investment opportunity for a business wishing to have space for their business plus rent out the balance of offices. Presently set up with 20 offices, plus has a large reception & waiting area, boardroom with a lounge plus a dedicated kitchen.

The asset has a stable tenancy worth around R 34 680 per month income. After expenses and a provision for vacancies, the annual net income is expected to be round R 3 530 000.00.

FEATURES:

* 439 sq M
* Sectional Title
* Entire Floor
* Boardroom & Lounge
* 20 Private Offices
* Harbour Views
* Common Reception
* Kitchen & Toilets in Uni
* 2 Parking Bays
19 sq M Balcony

Features

Zoning
Commercial
Interior
Airconditioning
2 Kitchens
2 Bathrooms
1 Boardroom
Exterior
Security
Sizes
Land Size 2,353 m²
Floor Size 439 m²
Parking Bays
2 Basement Parkings

Blackburn Estate, Umhlanga

Umhlanga's Blackburn Estate is a picturesque suburb that epitomises the perfect balance between coastal serenity and modern living. Situated along the northern coast of KwaZulu-Natal, South Africa, this area is renowned for its beautiful beaches, lush greenery, and upscale residential developments. Brief History The history of Umhlanga is marked by its transformation from a quiet seaside village to a bustling, upmarket suburb. The name Umhlanga, meaning "place of reeds" in the Zulu language, reflects its origins as a tranquil coastal area. Over the years, Umhlanga has developed into a sought-after destination for both South African and international visitors, with Blackburn Estate playing a significant role in this evolution....
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Finance

Total Amount Repayable
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Monthly Repayment
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