23 m² Office Space in South Beach

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A Smart, Affordable Commercial Investment in Durbans South Beach Own your own office. Generate rental income. Establish your business in a secure, established environment.Positioned on the 1st-floor parking level of a secure residential block, this 23 m² office space at Bayview House, South Beach Avenue, offers an affordable entry point into Durbans commercial property market.The property is situated within a block where other offices are already operating, creating an established business environment rather than a standalone or vacant commercial setting.Whether you are looking for a professional base for your own business or an investment property that can generate monthly rental income, this space provides flexibility and potential.WHAT COULD YOU USE THE SPACE FORThe compact, manageable footprint makes the office suitable for a variety of professional, administrative and service-based businesses, subject to the applicable zoning, body corporate rules and municipal approvals.Potential uses could include:Professional office accountant, bookkeeper, financial adviser or consultantLegal services attorney, legal consultant or paralegal officeProperty services property practitioner, rental administrator or property management officeAdministrative office back-office or small business administrationIT & technology services small technology or support businessConsulting business management, business, HR or specialist consultancyHealthcare-related professional office subject to the required professional and municipal approvalsEducationtutoring office private tuition, training or educational consulting, subject to permitted useAccounting & bookkeeping practiceTax or financial services officeFreelancecreative professional workspaceSatellite office for an established Durban-based companySmall business administration or operations officeImportant: The above are potential uses only.INVESTMENT ANGLE MAKE THE SPACE WORK FOR YOUAt an asking price of R150,000, this property offers a relatively low-cost opportunity to own commercial space in a central Durban location.If rented out, the investment can potentially generate a monthly income stream.For example:Potential Monthly Rental Annual Gross RentalGross YieldR1,500 pmR18,000 pa12.0R2,000 pmR24,000 pa16.0R2,500 pmR30,000 pa20.0R3,000 pmR36,000 pa24.0Gross yield calculation: Annual rental income R150,000 purchase price 100.These figures are illustrative scenarios, not guaranteed rental returns. When calculating the property''s net return on investment, consider actual achievable rental, vacancy periods, rates, maintenance, insurance, taxes, and other ownership costs.That said, the relatively low purchase price means even a modest monthly rental can produce an attractive gross rental yield.WHY BUY WHEN YOU CAN RENTFor an owner-occupier, purchasing lets you own the premises you operate from, rather than paying rent to a landlord.For an investor, the strategy is different: buy at an accessible entry price, secure a suitable tenant and generate rental income, while retaining ownership of the underlying property.The location, secure environment, established office presence and relatively low acquisition price make this worth considering for small businesses, professionals and investors looking for an affordable commercial property in Durban.A SMALL OFFICE WITH BIGGER POSSIBILITIES.Enquire today to arrange a viewing and explore whether this South Beach commercial opportunity fits your business or investment strategy.

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