| Large Mixed Use Zoned Property For Sale - Salt River |
Property For Sale - Development OR Investment Opportunity
* Student Accommodation And/Or Affordable Housing Development To Augment Existing Activity In This Precinct *
9 Brickfield Road – Salt River
R57,000,000.00 Plus Vat
Site Breakdown:
Erf Size: 5,251m2 * Zoning: MU2 (Mixed Use 2)
* F.A.R (Bulk Factor): 4 (c.21,000m2) *
Occupied By National Tenant with Strong Lease Covenants:
• Tenant: Buco Hardware
• Lease Expiry: 30/04/2026
• Renewal Option: 5 Years
• Rental Escalation: 6%
• Lease Type: Triple Net
(Tenant Responsible For All Costs Including
Rates/Levies, Utilities, Insurance, Repairs &
Maintenance)
** Business Is Not For Sale **
ERF Size 5,251 m²
Building Size 5195m²
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|
Terence Rice
c. 0823721607
terence.rice@rawson.co.za
Kaushik Nathoo
c. 0616006860
kaushik.nathoo@rawson.co.za
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