|Mixed Use Business Park - Great investment opportunity
Mixed-Use Business Park - Great investment opportunity
Calling all investors. A great investment buy in this established and well-run mixed-use business park in the heart of the deep south industrial area off Kommetjie Road.
The business park comprises of 7 units, 6 of which are let with well-established, reputable long-term tenants. Includes a total of 16 parking bays as well as plenty off-site parking.
The total leasable area is 1 503 m²
Potential income yield equates to R146,415 per month, with expenditure estimated at 4%, and a 9% cap rate.
GLA 1 503 m²
R18,750,000 ex VAT
Direct access to Kommetjie Road, Chapmans Peak, Ou Kaapse Weg and the M3.
Please contact Shireen Ridgway for more details.
ERF Size 1,503 m²
Building Size 1503m²