960m2 Office block for sale in Glenwood, Durb
R19,000,000.00
Glenwood, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP8454 |
| Asking Price : | R19,000,000.00 |
| Ownership : | S/Title |
| Building Size : | 959m² |
Description
A 959m2 retail/office block is for sale in Glenwood, Durban. The building serves as Standard Bank Glenwood branch with a lease in place until 30 September 2027 from Standard Bank. The lease covers 455m2 and 14 parking bays on the ground floor. There is a remaining and vacant portion of 316m2 on the 1st floor, which includes 9 parking bays.
The building is opposite Davenport Square, a popular and busy mall which serves the Glenwood area. Alongside 88 Brand Road are other banks, some of which have been in the area for more than 20 years. The expectation is that this area will continue to serve as a financial/banking hub for businesses in the area.
Asking price is R19 million excluding VAT.
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Contact the Agent
Bheki Mdhluli » +27 61 937 4868
[email protected]
Your Information
Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.
