Commercial Property for sale in Audas Estate, Somerset West

R2,750,000
  1. 582m²
  2. 3
  3. Web Ref: 1196304
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Property Features

ERF Size 582 m²
Rates R1,830
Building Size 215m²

Interior Features

3 Bathrooms
Security
Aircon
1 Reception Room
Kitchen

Exterior Features

9 Parking Spaces
Patio

FOR SALE: COMMERCIAL INVESTMENT PROPERTY – R2 750 000.00 (EXCL VAT)

The property has been divided into 3 rental producing units, being an office section and a semi-detached residential unit, both rented by the same long-term tenant in the medical field, and an apartment occupied by a second tenant. The property is owned by a Close Corporation which is Vat Registered, and its sole asset is the property. An option to purchase the entity can be considered as all tax affairs are in order and no outstanding liabilities or other financial encumbrances exist.

Salient Property Details:
• Zoning: Local Business 2
• Erf Size: 582 m²
• GLA: Approx 215 m²
• Client Parking Bays: 5 open bays
• Rental Income: R22 900.00 pm. (Excl Vat)
• Current Net Yield: 8.54% p.a.

Location

Contact the broker

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Louis van Rooyen
Candidate Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

50A h/v Merriman & Old Stellenbosch, Somerset West Central

Bond repayment calculator

Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years

Ready to sell?

Our goal is to sell your property at the right price and in the shortest possible time.

Check out our latest ad by clicking below:

Related Properties

Commercial Property for sale in Hopefield

Asset: Commercial Property

Commercial Property for sale in Wynberg Upper, Cape Town

Asset: Commercial Property

Commercial Property for sale in Grabouw

Asset: Commercial Property