Retail for sale in Onverwacht, Strand

R4,650,000
  1. 1,438m²
  2. 4
  3. Web Ref: 1111311
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Property Features

ERF Size 1,438 m²
Rates R4,067
Building Size 811m²

Interior Features

4 Bathrooms
Kitchen
Security

Exterior Features

20 Parking Spaces

INVESTMENT OPPORTUNITY FOR SALE, STRAND

Excellent Investment opportunity. Retail Space For Sale, Strand. Located on a busy road with good visibility, excellent demand and ample parking space (20 parking).
Shop 1: 101.32 sqm : Distribution of dry food (large walk-in cold room fixture)
Shop 2: 173.15 sqm: Sports bar & Lounge
Shop 3: 456.17 sqm: International Church / Offices & Conference facilities

Consists of three buildings with a possible total monthly rental income of R52 738 EX VAT per month with annual rental escalations.
Shop 1: R10 000.00 ex VAT
Shop 2: R22 955.00 ex VAT Shop
Shop 3: R19 783.00 ex VAT

Lease Periods:
Shop 1: 1/08/2020 - 31/07/2022
Shop 2: 1/05/2019 - 30/04/2022
Shop 3: 1/09/2020 - 31/08/2025

Monthly expenses:
Rates and taxes: R4 067.00
Management fee: R6 328.00 (managed by Rawson Properties Helderberg) Lease Agreements and tenant statements available on request.
For more information please contact our office.

Location

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