| Prime CBD Investment with Exceptional Income Potential |
Situated on a site exceeding 800 sqm in the heart of the CBD, this excellently well maintained and good positioned commercial property enjoys excellent visibility and high levels of both pedestrian and vehicular traffic, making it an attractive location for a wide range of businesses.
The property has the potential to generate a gross rental income of approximately R70,000 per month, subject to full occupancy and prevailing market rental rates. Its layout and multiple lettable units provide an excellent opportunity for investors seeking a strong income-producing commercial asset.
Constructed in durable facebrick, the building offers the advantage of low long-term maintenance. The property is owned by a registered company, which may provide potential transfer cost savings depending on the structure of the transaction. All municipal accounts and utility charges are fully paid and up to date.
While the CBD location provides excellent commercial exposure and accessibility, and increased turnover, the property's strong rental income potential, future growth prospects, and strategic location make it an appealing commercial investment opportunity.
ERF Size 840 m²
Rates R500 per month
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Naseema Ajimudin
c. 083 2529 405
naseema.a@rawson.co.za
Nasrin Moolla
c. 0823341214
nasrin.moolla@rawson.co.za
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