An industrial complex in New Germany with a lucrative annual income is among the lots for In2Assets’ next multi-property auction at the Durban Country Club on October 25 at 11am.
The property at 12 Nipper Road, pictured, has 19 rented units covering a gross lettable area of over 2700m². The gross annual income is over R1.8 million a year and there are opportunities to further develop the complex, Luke Hearn, who is handling the sale for In2Assets, says.
“The property is between Roger Sishi and Otto Volek roads in New Germany with easy access to the M19 and other arterial routes.”
For more details, call 0861444769 or email [email protected].