Mixed Use for sale in Strandfontein, Mitchells Plain
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576m²
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Web Ref: 1246864
Property Features
Investment Property for Sale on Dennegeur Avenue
Located on the busy Dennegeur Avenue in the business hub of Strandfontein, this property offers:
• A 576m2 erf with 605 m2 under-roof
• Dedicated parking bays directly in front of the property.
• Easy access from the road.
• Loading bay with truck access roller shutter door for deliveries.
• Large open work area with separate managers offices
• Huge marketing and branding opportunities.
• Next to a popular food store and close to various take-aways and other businesses.
Currently tenanted by the South African Post Office as a mail depot with a solid lease in place and an above average rental income.
Competitively priced at R 4,7 million (ex-vat) with a 11% yield and the possibility to zero VAT the transaction.
Additional information available to serious buyers.
Viewing by appointment only.
Contact the broker
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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*based on purchase price at Prime over 20 years
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