R 3 999 000
1450 m² Commercial space in Electron
375 southern klipriversberg roadIdeally positioned on busy Southern Klipriversberg road, close to the corner of Heidelberg road, this busy retail complex has much passing trade and is fully let. With an annual income of R622 680 this translates into a Yield of 15.5% at the asking price of R3 999 000
Features : 6 shops, 3-year leases, 6 rooms, 6 showers & toilets, 3-phase electricity, Prepaid water meters, Prepaid electricity meters, GLA is 1450m2, Erf size is 1517m2, tiled floors, burglar proofing, security gates, paveway
Electron is a suburb in the south of Johannesburg.Prior to the discovery of gold on the Witwatersrand in 1886, the suburb lay on land on one of the original farms called Elandsfontein. It became a suburb on 27 July 1949.
Property details
- Listing number T4622553
- Property type Commercial
- Erf size 1516 m²
- Floor size 1 450 m²
- Rates and taxes R 8 641
- Levies R 1