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Mixed use block for sale in Umbilio | Opposite UKZN School of Medicine

Ref # 2299208
POA
Property Details
800 Umbilo Rd
1,115m²
523m²

Discover an exceptional investment opportunity in the heart of Berea with this fully-let, mixed-use block. This property combines commercial and residential spaces, promising a diversified income stream.

On the ground floor, you'll find four fully-occupied retail stores, collectively offering approximately 400 square meters of versatile commercial space.

The first floor comprises nine spacious flats. Each flat is equipped with individual bathroom and kitchen facilities. Additionally, all flats are fitted with prepaid water and electricity meters, simplifying utility management for both landlord and tenants.

The property includes a small yard area, offering parking for two passenger vehicles, a rare but valuable feature in such a prime location. An additional outbuilding provides extra storage space or the potential for further residential leasing opportunities.

With its strategic mixed-use layout and prime Berea location, this property is a smart investment choice. It not only generates a diverse income stream but also offers ample room for future development and growth. A unique opportunity to expand your portfolio with a high-demand, fully-let property.

Property Features
Property Type
Mixed Use
Bedrooms
11
Open Parking
2
Floor Size
1,115m²
Land Size
523m²
Costs and Terms
Rates & Taxes
±R9,304.8
Additional Information
Grade
C
Bathroom
9
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