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R 7 500 000 Bond Calculator | Commercial Property for Sale in Reservoir Hills

Durban, Reservoir Hills

20
Erf Size: 1 140 m²

Commercial investment property for sale in Reservoir Hills

Situated conveniently just off the main road of Reservoir Hills, 7 Sienna Crescent presents an outstanding commercial investment opportunity. This property boasts a range of commercial options including office space, retail business space, residential apartments, and warehouse space, all on a spacious 1140sqm plot.
The building offers a total of 1550sqm under roof, providing ample space for various business needs. There is also dedicated parking for trucks or up to 16 cars, ensuring convenience for tenants and customers alike.
The ground level of the property is well-suited for offices or shops, featuring toilets, including paraplegic toilets, and a kitchenette. This level alone has the potential to generate significant rental income.
On the upper floor, there are six tiled apartments, each comprising a lounge-cum-dining area and an open-plan kitchen. These two and three-bedroom units are perfect for young families, retirees, working couples, and students. Furthermore, these units operate on a pre-paid electricity system, adding convenience for tenants.
The property also offers the exciting prospect of expansion, with the potential to build three additional floors and install a lift. This expansion could significantly increase the property's rental income potential and overall value.
In summary, 7 Sienna Crescent is a lucrative investment opportunity offering a range of commercial options, potential for further development, and a prime location in Reservoir Hills. Don't miss out on this chance to secure a valuable asset with substantial rental income potential.


Property Overview

Listing Number
114203700
Type of Property
Commercial Property
Lifestyle
Complex, Suburban
Gross Price
R 6 000 000
Net Price
R 7 500 000
Erf Size
1 140 m²
Floor Area
1 550 m²
Rates and Taxes
R 2 578

Facilities

Bathrooms
20, x12 toilets plus x8 shower, basin and toilets
Kitchens
8

External Features

Parking
20, open parking, Secure parking

Building

Style
Conventional
Facing
Street Front, Level Road
Roof
Concrete
Wall
Brick, Plaster, Concrete, Iron
Window
Aluminium
Standalone Building
Yes

Other Features

Security
1
Security 1
Security Gate
Nearby Public Transport
Bus, Minibus Taxi
Internet Access
Fibre


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Kuraysha Sayed Essop
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