R5,500,000

R5,500,000

965m² Building For Sale in Avoca
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Prime Investment Opportunity For Sale in Avoca

Web Ref. CPP4525
Land size 964.00 m²
Floor size 965.00 m²
Monthly Bond Repayment
R50,310.66
Prime Property presents an amazing investment opportunity for Sale in Avoca, Durban.

This Building comprises of 3 road facing Retail/Shops , 5 Flats as well as an additional 8 Garages and 2 storage units.

Sales Price: R5 500 000.00 Ex Vat.
Current Monthly Rental income: R62 500

Retail Units:
- Each unit comes with its own kitchenette and toilet.
- Ideal for offices or small businesses.
- Each unit is currently achieving a rental income of R5 500 per month.
- Fibre access.

Flats:
- 5 Well sized, 2 bedroom flats.
- well maintained kitchen and bathroom in each.
- Open plan lounge and dining area
- Roof top space to hang washing.
- Rental income on each unit: R6 500 per month.
- Fibre access.

Garages/Storage units.
- 8 Garages: R500 per month each.
- 2 Storage Units: R2 500 per month each.
Each unit operates on its own prepaid water and electricity meters. Ideal in assisting with utility management making it simple and cost-effective.
Well maintained.
Secure with automated drive-in access.

Contact me to secure a viewing of this gem today.

Features

Zoning
Commercial
Sizes
Land Size 964 m²
Floor Size 965 m²
Listing Info
Date Listed 18-11-25
Time Listed 11:31

Disclaimer

While every effort will be made to ensure that the information contained within the Prime Property website is accurate and up to date, Prime Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.