Calling all investors – Brand New Sole Mandate
Newly renovated commercial zoned property with a high-income tenant.
Located in a strategic position in the suburb of Montclair, this property lends itself to retail and commercial operations.
• Lease in place for 5 years with option to renew (currently in year 2) with an annual escalation of 7%
• High yield on offer at approx. 12%
• Property has just had extensive renovations
• Land Size 1666sqm
• Property is 658sqm
• The property offers two entrances and good security
• Ample yard/parking space
• Ablutions and kitchenette as well as mezzanine level offices
• Rates per month R7879.51
• 3 phase power / 500Amps
Located in a strategic position in the suburb of Montclair, this property lends itself to retail and commercial operations.
• Lease in place for 5 years with option to renew (currently in year 2) with an annual escalation of 7%
• High yield on offer at approx. 12%
• Property has just had extensive renovations
• Land Size 1666sqm
• Property is 658sqm
• The property offers two entrances and good security
• Ample yard/parking space
• Ablutions and kitchenette as well as mezzanine level offices
• Rates per month R7879.51
• 3 phase power / 500Amps
Monthly Rates
R7,879.51
Features
Zoning
Sizes
Listing Info
Montclair, Durban
- Street view
- Amenities
- Schools
Filling Station
0.35 km - BP Montwood Motors
0.78 km - Total
0.90 km - Montwood Motors
Bus Station
3.23 km - City Fleet General Depot
Hospital/Clinic
1.13 km - Slimming Clinic & Social Worker
1.23 km - Summed Summerfield Medical Centre
2.05 km - Clairwood Hospital
Police Station
1.17 km - South African Police Service - Montclair
1.18 km - Police Station
1.66 km - Four Creations
Shopping Centre
0.91 km - Montclair Shopping Centre
1.57 km - Clairwood Centre
3.22 km - Austerville Pharmacy
0.37 km - Montclair Senior Primary School
0.50 km - Montclair Junior Primary School
0.53 km - Pemberton Christian Educare Private School Babies To Grade 3
0.53 km - Khulangolwazi Special School
0.66 km - Howden Educare
0.67 km - Pitta Patta Playschool
0.69 km - Think Big Academy
0.79 km - Udobo School
0.79 km - Mowat Park High School
0.96 km - New Forest High School
1.09 km - Saint Colonel Graduate Institute
1.61 km - Clairwood Secondary School
1.67 km - Siyaya Training College
2 km - Further Education Trade Training College
2.03 km - Phambili High School
2.25 km - Elgin Training Academy
Average sold property price in Montclair
Freehold
Sectional Scheme
Vacant Land
Freehold
R1,845,708
25.0%
Average price
46
25.0%
Transfers
Sectional Title
R622,521
33.3%
Average price
83
33.3%
Transfers
Estate
R
0%
Average price
0
0%
Transfers
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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.
