| Prime Sectional Title investment on the market Kenton on Sea |
We are pleased to present a prime sectional title investment currently on the market for R6,500,000.00, comprising four fully tenanted business units. This offering presents a secure and stable return, with all units currently leased and generating a strong rental income.
Property Overview:
Property Type: Sectional Title – Commercial
Total Floor Area: 411 m² (divided into four separate sections)
Sections Breakdown:
Section 1: 58 m²
Section 2: 261 m²
Section 3: 46 m²
Section 4: 46 m²
Each unit is independently accessible and currently occupied by established tenants. The total monthly rental income amounts to R48,270.00, with provisions for escalations/increases in 2026. Given the high demand for commercial rental space in Kenton on Sea, vacancies are rare and demand remains consistent.
Financial Summary:
Asking Price: R6,500,000.00
Monthly Rental Income: R48,270.00 (with annual escalations)
Monthly Levies: R4,754.53 (payable to the Body Corporate)
Utilities:
Each section has an individual municipal account.
Electricity is supplied via Eskom, with one account split by usage among the sections.
The property falls under a well-managed Body Corporate, ensuring professional administration of common areas and property compliance.
This opportunity is ideal for investors seeking consistent returns from a multi-tenanted asset in a high-demand commercial node.
Please let me know if you'd like a full breakdown of current lease agreements, tenant information, or if you'd like to schedule a viewing or further discussion. I’d be happy to assist you further with due diligence documentation or any other requirements you may have.
ERF Size 411 m²
Building Size 404m²
Rates R315 per month
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Maryke Taljaard
c. 0746674847
maryke.taljaard@rawson.co.za
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