Commercial Property in Sparks For Sale

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Description

Versatile multi tenanted Commercial Property in Sparks, Durban with High Income Potential - 5 units

This well-maintained five-unit commercial property in the sought-after suburb of Sparks, Durban, offers an excellent investment opportunity with strong rental returns. Set on a generous 1,279 sqm erf, the property comprises 10 bedrooms, 5 bathrooms, and 5 fully functional kitchens, making it ideal for multi-tenant accommodation or a guesthouse-style operation.

Each unit is fitted with tiled flooring, built-in wardrobes, prepaid electricity, and separate water meters, allowing for efficient individual billing. The property also provides ample off-street parking for up to 10 vehicles, a valuable feature for any commercial venture.

Currently generating a total monthly rental income of R34,000, this property offers multiple income streams and excellent long-term potential. Conveniently located near major transport routes and local amenities, it is perfectly positioned for ongoing commercial use or future development.

Key Features:

5 Self-Contained Units

10 Bedrooms

5 Bathrooms

5 Kitchens

Prepaid Electricity & Separate Water Meters

Parking for 10 Vehicles

1,279 sqm Erf

Monthly Rental Income: R34,000 

CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as REMAX Address (Berea) operates in terms of a franchise agreement with REMAX of Southern Africa.

Ryan Jacobs
Ryan Jacobs
REMAX Address (Berea)
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Registered with the PPRA
FFC 202678007060000
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CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as REMAX Address (Berea) operates in terms of a franchise agreement with REMAX of Southern Africa.