400m² Retail For Sale in Amanzimtoti
R4,700,000
22 Rockview Road
Web Ref No 4724802
Rockview Road, multiple tenants, retail
This building is in an established commercial street in Amanzimtoti with good exposure to passing traffic and nearby residents.
It is close to the Seadoone Road junction with the N2
The building has ten small retail units with multiple leases to balance risk. Income varies but runs at around R48K /month on average.
Ample off street parking.
Great investment opportunity earning a steady income.
Amanzimtoti is a coastal town just south of Durban, KwaZulu-Natal, South Africa. According to local legend, when the Zulu King, Shaka, led his army down the South Coast on a raid against the Pondos in 1828, he rested on the banks of a river. When drinking the water, he exclaimed “Kanti amanzi mtoti” (isiZulu: “So, the water is sweet”). The river came to be known as Amanzimtoti (“Sweet Waters”). The Zulu word for “sweet” is actually mnandi, but, as Shaka’s mother had the name Nandi, he invented the word to replace mnandi out of respect not to wear out her name. Locals frequently refer to the town as “Toti”
The town is well known for its warm climate and numerous beaches, and is a popular tourist destination, particularly with surfers and the annual sardine run attracts many to the beaches.
It is close to the Seadoone Road junction with the N2
The building has ten small retail units with multiple leases to balance risk. Income varies but runs at around R48K /month on average.
Ample off street parking.
Great investment opportunity earning a steady income.
Amanzimtoti is a coastal town just south of Durban, KwaZulu-Natal, South Africa. According to local legend, when the Zulu King, Shaka, led his army down the South Coast on a raid against the Pondos in 1828, he rested on the banks of a river. When drinking the water, he exclaimed “Kanti amanzi mtoti” (isiZulu: “So, the water is sweet”). The river came to be known as Amanzimtoti (“Sweet Waters”). The Zulu word for “sweet” is actually mnandi, but, as Shaka’s mother had the name Nandi, he invented the word to replace mnandi out of respect not to wear out her name. Locals frequently refer to the town as “Toti”
The town is well known for its warm climate and numerous beaches, and is a popular tourist destination, particularly with surfers and the annual sardine run attracts many to the beaches.
Features
Open Parkings 16
Zoning Commercial
Monthly Rates R3,200.00pm Excl. VAT
Floor Size 400m²
Land Size 1,448m²
Security Yes
Zoning Commercial
Monthly Rates R3,200.00pm Excl. VAT
Floor Size 400m²
Land Size 1,448m²
Security Yes
Broker Contact Details
Gregory Shankland
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 332 832 9)
Cell 071 566 9690
Office (031) 9031234
WhatsApp Me
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 332 832 9)
Cell 071 566 9690
Office (031) 9031234
WhatsApp Me
Message the Agent
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