Commercial Property in Isipingo Rail For Sale

This highly visible corner site is located on the main thoroughfare between Isipingo and Umlazi.

It consists of ground floor retail space, and first and second floor office/commercial spaces.

Space of approximately 130m2 each on the first and second floors is currently available to let, having

undergone a revamp and upgrade. These will be available at R15k each per month.

Small goods lifts service the first and second floors.

An opportunity exists for a prospective purchaser to owner occupy the whole building, including the ground floor retail space,

or to consider this as an investment deriving a reasonable return of around 15%, assuming the current vacant spaces are let.

Traffic is driven to the area through a nearby Boxer store as well as automotive related businesses and a liquor store.

Street parking for clients is available outside the building and additional parking across the road for staff in need. 

With total lettable area of nearly 1800m2, the asking price reflects a market related price of under R8400/m2.

RE/MAX Toti operates in terms of a franchise agreement with RE/MAX of Southern Africa.