R5,600,000
R5,600,000
611m² Retail For Sale in Hilton Central
Ref. CLS3963
Floor 611.00 m²
Monthly Repayment
R55,456.32
Natalie Tennant
Natalie Tennant Candidate Property Practitioner - Sales Seeff Midlands
Monthly Levy R5,250
Special Levy R1,400
Monthly Rates R4,050
Total R10,700

Investment Opportunity: 611 sqm Tenanted Retail Space for Sale in Hilton

Web Ref. CLS3963
Unlock a prime investment with this 611 sqm tenanted retail space located in the lower Quarry Centre, Hilton Central. For added convince this space is equipped with a kitchen, a separate office and a storeroom

The property is currently leased for 5 years at R50,000 per month plus VAT. Available for sale at R5,600,000 excluding VAT, with the possibility of a zero-rated VAT transaction.

This property provides a flexible opportunity to reimagine the layout by incorporating office space or storage rooms into your plans. Plus, you can enjoy a renegotiated rent with the current tenant, offering added value and customization.

This offering presents a secure income stream in a sought-after location.

Features

Zoning
Retail
Interior
Airconditioning
Exterior
Security
Sizes
Floor Size 611 m²
Additional Amenities
Air Conditioner
24 Hour Access
Retail
Secure Parking

Hilton Central, Hilton

Welcome to the gateway to the Midlands and the Midlands Meander. The picturesque village of Hilton which forms part of the uMngeni Municipality, lies to the south of the Midlands and is a highly sought after area. Situated just 12 km from the centre Pietermaritzburg (even closer to Pietermaritzburg's suburbs) Hilton retains its "village-like" feeling with city life just a short drive on the easily accessible N3. Hilton is the perfect base from which to enjoy the best of KZN with the mountains, beaches, dams and even game reserves all within a maximum of 1 ½ hours' drive. Climate in the Midlands Hilton enjoys a moderate climate with warm, wet summers and cooler, dry winters. Summer temperatures can reach the high twenties/low...
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Finance

Total Amount Repayable
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Monthly Repayment
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