Amanzimtoti - MR453011

Commercial in Amanzimtoti , Durban - South Coast, Kwa-Zulu Natal

R 4,700,000

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400m2
1448m2
Amanzimtoti - MR453011
Commercial in Amanzimtoti , Durban - South Coast, Kwa-Zulu Natal
R 4,700,000
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Key Features

Services

  • Rates and Taxes R3200 .

More Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 400m2
  • Erf Size - 1448m2
  • Price per square floor meter - R11,750 per m2
  • Price per square erf meter - R3,246 per m2

MyRoof Stats

  • 346 Views
PID=453011 DID=477468 SID=1

This building is in an established commercial street in Amanzimtoti with good exposure to passing traffic and nearby [hidden] is close to the Seadoone Road junction with the N2The building has ten small retail units with multiple leases to balance risk. Income varies but runs at around R48K /month on [hidden] off street [hidden] investment opportunity earning a steady [hidden] 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 â??Kanti amanzi mtotiâ? (isiZulu: â??So, the water is sweetâ?). The river came to be known as Amanzimtoti (â??Sweet Watersâ?). The Zulu word for â??sweetâ? is actually mnandi, but, as Shakaâ??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 â??Totiâ?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.


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