Commercial Property for sale in Audas Estate, Somerset West
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582m²
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3
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Web Ref: 1196304
Property Features
Interior Features
Exterior Features
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
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Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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