Retail for sale in Villieria, Pretoria

R5,250,000
  1. 3,550m²
  2. 5
  3. Web Ref: 1150909
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Property Features

ERF Size 3,550 m²
Rates R10,683 per month
Building Size 1700m²

Interior Features

5 Bathrooms

Prime Retail Investment Property Villieria Pretoria East

Prime retail center with adjoining residential property fully let situated on main arterial Valeria with huge future development potential.
Two adjacent full-title stands provide strong exposure to the public on a busy street-side corner in ever-popular Villieria Pretoria. The one residential zoned (1,276m²) stand consists of a fully let house and serves as an excellent purpose for future retail development, while the other “General Business” zoned stand features 9 shops and two flatlets fully let.
The excellent market cap rate on the sales price makes this an opportunity not to be missed. Huge potential to re-develop into mixed residential & retail development with the excellent position of the property.
Monthly Nett Income figures are available upon request confirming exceptional Initial Yield.
A very lucrative and scarce investment property.
Price R5,200,000.00 Excluding VAT

Contact the broker

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JC Breytenbach
Non-Principal Property Practitioner
Registered with the PPRA
19 Bulbul Street, Sable Hills

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Retail for sale in Villieria, Pretoria

Asset: Retail