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R 1 750 000
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480 m² Commercial space in Regents Park
497 m²
480
Situated on the Corner of August Rd & James Street, Regents Park.
Easy access from North Rd and Diagonal Rd and nestled by a residential node.
Currently tenanted by:
- Liquor Shop
- Supermarket
- Church
- Residential Tenant
Currently Gross Income R33.735.97 p/m
A transaction is feasible at a yield of 17%+ p/a
The face-brick building is typically Cash ''n Carry style, with flat aluminium roofing.
Box-shaped building, ideal for traders.
A steady passive income and a solid tenant mix make this property attractive at the correct price level!
Property details
- Listing number T4421232
- Property type Commercial
- Erf size 497 m²
- Floor size 480 m²
- Rates and taxes R 2 604
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