ON-LINE “ZOOM” & LIVE AUCTION
THURSDAY, 09 SEPTEMBER 2021 @ 11:00 AM
VENUE: THE OYSTER BOX – 2 LIGHTHOUSE ROAD, UMHLANGA ROCKS, KWAZULU-NATAL
SECTIONAL TITLE BEACHFRONT UNIT
19 GRANLEIGH CRESCENT, DURBAN NORTH
The subject Double Storey Residential Property comprises:
Ground Floor:
✓ 3 x Flatlets (A, B, C) (being let-out)
✓ 2 x Cottages (Pool Cottage & 3 Bed Cottage) (being let-out)
✓ Squash Court (unfinished)
✓ Sauna (unfinished)
✓ Double Garage
✓ Double Carport
✓ Pool
✓ Garden
1st Floor:
✓ 2 x Flatlets (Undeveloped)
Additional Features:
✓ Solar System
✓ JoJo Tank
✓ 2 x Access Gates
Monthly Rates : ± R 4 880.00 (Estimated)
The Property is tenanted.
➢ Pool Cottage: is leased on a 12 Month Lease.
Lease Expires: 31 Oct 2021. Monthly Rental is R 8 000.00
➢ Flat A: is leased on a 6 Month lease.
Lease expired 30 Jun 21. Monthly Rental is R 9 500.00
➢ Flat B: is leased on a 12 Month Lease.
Monthly Rental is R10 000.00
➢ Flat C: is leased on a 12 Month Lease.
Monthly Rental is R 7 500.00
➢ 3 Bed Cottage: is leased on a 12 Month Lease.
Lease Expires: 30 Nov 2021. Monthly Rental is R 14 000.00
➢ Unit 1: Undeveloped. Monthly Rental Potential of ± R 17 000.00
➢ Unit 2: Undeveloped. Monthly Rental Potential of ± R 13 000.00
** Download full Property Brochure for additional information **
