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Mixed Use for sale in Bluff, Durban

R13,500,000
  1. 2,840m²
  2. Web Ref: 1258699
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Property Features

ERF Size 2,840 m²
Rates R7,600 per month
Building Size 2300m²

New Development - Commercial Mixed Use

New Mixed Use Development in Brighton Beach
Situated in sought after Brighton Beach on Marine Drive is a brand-new mixed-use development with a commercial

component on the ground floor and 10 x two-bedroom and 1 three-bedroom apartment with fitted kitchens and built inns in all bedrooms and 2 under cover parking bays per unit.

Each unit has a balcony to enjoy the view and some outdoor fresh air.

There are 6 Jojo tanks for water harvesting and solar geysers installed in each unit, reducing utility costs.

Water and electricity are on a pre-paid basis – metered.

Potential rental per 2 bedroomed apartment is R8 000 p.m.

Potential rental per 3 bedroomed apartment is R11 000. P.m. with

Potential rental for the commercial component is R30 000 p.m.
Rental potential of:

10 x R8 000 per months per apartment each with there own water and electrical meters

1x R11 000 per month for a 3 bedroom apartment with own water and electrical meters.

1 x R30 000 for the Super Market.

R121 000.00 per month. potential income

= R1 452 000 passive income.in year one.

Rentals are expected to increase and the interest rate is expected to decrease.

Come view and lets talk ………………0621785948

Contact the broker

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Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

228 Marine Drive, Bluff

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