Commercial Property for Sale in Umbilo: Winifred Court Overview: This prime corner property in Umbilo presents an exceptional investment opportunity. The three units for sale are part of the sectional title known as Winifred Court and include:
Supermarket (223 m²) Bottle Store (141 m²) 3-Bedroom Flat (61 m²) All units are tenanted with existing leases, providing immediate rental income.
Current Rental Income:
Total: R45,000 per month Key Features:
Operational Businesses: Both the supermarket and bottle store are fully operational. Negotiable Licensing: The bottle store can be operated under the same license, with arrangements available. High Traffic Location: The property benefits from significant foot and vehicle traffic, enhancing its business potential. Ample Street Parking: Convenient parking for customers, increasing accessibility. Investment Package: Units are being sold as a package, not separately, making this a unique investment opportunity. Ideal For: This property is perfect for investors looking to enter the market or expand their portfolio in a bustling area with strong growth potential.
Don’t miss out on this lucrative opportunity! For more details or to schedule a viewing, please contact us
Features
Building Name Winifred Court
Zoning Commercial
Monthly Rates R10,000.00pm Excl. VAT
Floor Size 425m²
Land Size 425m²
Broker Contact Details
Richard Abraham
Tyson Properties Commercial Morningside Office