49 UMHLANGA ROCKS, DUIKER FONTEIN, DURBAN NORTH

SOLD 

49 UMHLANGA ROCKS DRIVE

A Highly visible Multiple Tenanted Commercial Building with direct frontage to Umhlanga Rocks Drive.

The subject property is centrally located within the business node of Durban North, in close proximity to local amenities with readily access to the M12 freeway.

Lower Ground Level:

• Unit 55: 105 m² – (Bellair Gold Exchange)
• Monthly Rental: R 17 850.00 (Lease expires end February 2024)
• Unit 53: 48 m² (Morning Sun Superette)
• Monthly Rental: R 8 160.00 (Lease expires end January 2024)
• Unit 51: 69 m² (Stamped Branding)
• Monthly Rental: R 10 000.00 (Lease expires end May 2023)

Storeroom 1: 26 m² – (Morning Sun)

• Monthly Rental: R 500.00 (no lease, 3-month notice)
• Storeroom 2: 20 m² – (Durban North Pharm)
• Monthly Rental: R 600.00 (no lease, 3-month notice)

Balcony Level:

• Shop A: 35 m² (Some Like It Hot)
• Monthly Rental: R 5 000.00 (Lease expires end December 2023)
• Shop B: 26 m² – Admin Office (Umhlanga Drive Inv)
• (Owner Occupied) – Estimate Rental for Office Space – R 3 000.00 per month.
• Shop C: 41 m² – (Ithuba Security)
• Monthly Rental: R 3 000.00 (Lease expires end March 2024)
• Shop D: 48 m² (The Music Shop)
• Monthly Rental: R 6 700.00 (Lease expires end February 2024)

Upper Ground Level:

• Shop E: 80 m² (Dogs on the Rocks)

Monthly Rental: R 10 000.00 (Lease expired February 2023 to be renewed)

• Shop F: 43 m² (A Light Electrical)
• R 4 500.00 (Lease expires November 2023)
• Storeroom 3: 26 m² – (Magnacorp)
• R 1 000.00 (no lease, 3-month notice)
• Storeroom 4: 26 m² – (Musaka Technical)
• Monthly Rental: R 1 000.00 (no lease, 3-month notice)

Other:

MTN (Tower / Mast)

Monthly Rental: R 10 920.49 (10-year lease, expires end of August 2024)

Parking:

Approximately 200 m² of parking space available on site, with ample street level parking available on Umhlanga Rocks Drive directly outside and opposite the property.

Access to the upper-level parking area is gained via a registered driveway servitude from Umhlanga Rocks Drive to the rear of the building.

For more Information contact Craig on 083 799 4403