PRIME SITE FOR DEVELOPMENT IN THE HEART OF OVERPORT
This prime property, located just 200 meters from The Atrium Shopping Centre on Peter Mokaba Ridge Road in the high-demand Overport area, presents an excellent investment opportunity. It currently features a house and a double-story outbuilding that has been converted into medical rooms.
House:
Two sections:
Section 1: Includes 2 rooms, a reception area, and a bathroom.
Section 2: Features 2 rooms, a large kitchen/room, reception area, bathroom, and a separate toilet.
The house is currently occupied by two tenants, making it a stable income-generating asset.
Outbuilding:
Upstairs: Comprises 3 rooms, a reception area, a kitchen, 2 bathrooms, and a small balcony.
Downstairs: Contains 2 rooms, a reception area, a kitchen, and a bathroom. The downstairs unit is currently vacant, offering an opportunity for immediate use or rental.
Parking:
Provides space for about 8 cars, ensuring ample parking for tenants or visitors.
Location & Surroundings:
Situated next to other properties that have been converted to commercial use, as well as sectional title developments, the property enjoys a prime location in a high commercial demand area. This makes it ideal for use as offices (business brokers, business sales), medical rooms, or other commercial purposes.
Investment Opportunity:
This is a fantastic chance to own property in a high-demand area, where you can avoid paying high rents for A-grade office spaces. Whether you're looking to use the space for your own business or lease it out, this property offers great potential for both.
Key Features:
Prime location within close proximity to The Atrium Shopping Centre.
Commercial zoning ideal for businesses, medical practices, or offices.
Existing tenants and an available unit for additional income or occupancy.
Potential for future growth and development in a high-demand area.
If you're seeking a property that combines commercial viability, tenant income, and the chance to own your space, this is an opportunity you don’t want to miss.
House:
Two sections:
Section 1: Includes 2 rooms, a reception area, and a bathroom.
Section 2: Features 2 rooms, a large kitchen/room, reception area, bathroom, and a separate toilet.
The house is currently occupied by two tenants, making it a stable income-generating asset.
Outbuilding:
Upstairs: Comprises 3 rooms, a reception area, a kitchen, 2 bathrooms, and a small balcony.
Downstairs: Contains 2 rooms, a reception area, a kitchen, and a bathroom. The downstairs unit is currently vacant, offering an opportunity for immediate use or rental.
Parking:
Provides space for about 8 cars, ensuring ample parking for tenants or visitors.
Location & Surroundings:
Situated next to other properties that have been converted to commercial use, as well as sectional title developments, the property enjoys a prime location in a high commercial demand area. This makes it ideal for use as offices (business brokers, business sales), medical rooms, or other commercial purposes.
Investment Opportunity:
This is a fantastic chance to own property in a high-demand area, where you can avoid paying high rents for A-grade office spaces. Whether you're looking to use the space for your own business or lease it out, this property offers great potential for both.
Key Features:
Prime location within close proximity to The Atrium Shopping Centre.
Commercial zoning ideal for businesses, medical practices, or offices.
Existing tenants and an available unit for additional income or occupancy.
Potential for future growth and development in a high-demand area.
If you're seeking a property that combines commercial viability, tenant income, and the chance to own your space, this is an opportunity you don’t want to miss.
Monthly Rates
R4,800
Features
Interior
Exterior
Sizes
Listing Info
Overport, Durban
- Street map
- Street view
- Amenities
- Schools
Filling Station
0.22 km - Sparks Road
0.25 km - Engen Brickfield
0.40 km - Shell
Bus Station
2.78 km - Alice Street Bus Sheds
3.15 km - SA Roadlink
3.15 km - Eldo Coaches
Hospital/Clinic
0.31 km - Dr I Moola
0.31 km - Hopelands Cancer Centre
0.31 km - Durban Eye Clinic
Police Station
0.76 km - South African Police Service Detectives Sydenham
1.79 km - Police Station
1.79 km - South African Police Service Berea
Shopping Centre
0.32 km - New Era Shopping Centre
0.49 km - The Atrium
0.61 km - Overport City Shopping Centre
0.02 km - Uict
0.09 km - Future Champs Montessori
0.19 km - Dr. Kaya0733808289
0.31 km - Bright Minds Learning And Child Care Centre
0.36 km - Happy Hours Day Care
0.39 km - Ridge Park College
0.43 km - Lodge Grove Montessori Pre-School & Aftercare
0.44 km - Collegevale Primary School
0.57 km - Damelin
0.59 km - Hsrc, Durban Office
0.60 km - Clayton Primary School
0.61 km - Aceventure Tuition Centre
0.65 km - Overport Secondary School
0.71 km - Overport Srs Primary School
1.07 km - Sparks Estate Secondary School
2.67 km - New West Secondary
3.19 km - Mayville Secondary School
3.59 km - Wiggins Secondary School
Average sold property price in Overport
Freehold
Sectional Scheme
Vacant Land
Freehold
R3,402,750
25.0%
Average price
17
25.0%
Transfers
Sectional Title
R897,849
25.0%
Average price
31
25.0%
Transfers
Estate
0
0%
Average price
0
0%
Transfers
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
