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Description

This 4 level building is situated just down the road from the beach.

Tourist location, possible for a boutique hotel, student accomodation, lodge, 

Ground floor commercial space, perfect for a car showroom, or chain store supermarket or anything to suit your requirements

The building consists of 30 rooms ranging for 27sqm to around 39sqm.  Ten flatlets per floor. Currently being run as daily accomodation, No long leases in place as the building is on sale.  PREPAID WATER AND ELECTRICITY INSTALLED,  Finger print ID , turnstyle gates at entry point.

The roof is slabbed therefore possible to put up another level. The site is zoned for 11 stories, so future value is good as land is a premium in this location

Viewing by appointment to pre-qualified clients

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Details

Updated on February 1, 2023 at 11:51 am

  • Reference #: 1335654
  • Price: R9,500,000
  • Suburb / Town: Durban
  • Property Type: Apartment / Flat
  • Bedrooms: 30
  • Bathrooms: 18
  • Living Areas: 10
  • Building Size: 1392.0 ㎡
  • Stand Size: 348.0 m²
  • Rates & Taxes: R 2000

Additional Features

    • Bedroom Features:
    • tiled floors
    • Bathroom Features:
    • shower, toilet
    • Kitchen Features:
    • cupboards
    • Security Features:
    • 24 hour guards on duty

    Address

    10 Bay Terrace

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