This multitenated property in Newlands offers a total area of 610 square meters situated on a generous 950-square-meter plot. Currently generating a monthly income of R28,000, this investment opportunity presents steady rental returns. The property enjoys main road visibility, enhancing its appeal to potential tenants and businesses seeking exposure.
With rates and taxes amounting to R7,513.65, this property offers a manageable financial obligation for the owner. Priced at R2,350,000, the sale of this business property excludes VAT, providing potential buyers with additional cost savings.
Ideal for investors seeking to diversify their portfolio or entrepreneurs looking to establish their business in a well-positioned area, this property offers a promising opportunity in Newlands.
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