| Investment with a Development Opportunity for Sale |
Investment / Development Opportunity:
This property offers:
• 4 127m2 total erf size.
• GB1 Zoning
• 2 300m2 is flat vacant land
• One four-bedroom house on the erf.
• Five retail stores on the erf.
The Retail Stores
• Has a combined rental income of R 56 000,00 per month.
• Solid long-term leases in place with development clause.
• Fully let.
• Leases managed by Rawson Properties Constantia.
The Residence:
• Four bedrooms
• Market Value R 1, 5 million
• Rental potential R 12 000,00 per month.
The Vacant Land
• 2 300m2 flat open land.
• Behind walls with separate gate for entry.
• Ideal for a residential or commercial development.
• Electricity substation in front of the property.
Asking price R 8 500 000,00 (NO VAT)
Viewings by appointment only
ERF Size 4,127 m²
Building Size 1249m²
Rates R5,000 per month
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Glenn Marshall
c. 0710791427
glenn.marshall@rawson.co.za
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