Sole Mandate

Mixed Use for sale in Strandfontein, Mitchells Plain

R4,700,000
  1. 576m²
  2. Web Ref: 1246864
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Property Features

ERF Size 576 m²
Rates R2,300 per month
Building Size 605m²

Investment Property for Sale

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

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Unit 2 Corner Gabriel & Timour Hall Road, Plumstead

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