991 m² Commercial space in Kensington B

R 2 200 000

Josh Raisun

Claremart Auction Group-Claremart

991 m² Commercial space in Kensington B

R 2 200 000

Address: 3 nerina street
Floor Area 991 m² Land Area 991 m² Rates R 6003

Tenanted Commercial With Great Returns

Description:

This prime 220m2 is situated on the corner of a prime busy road in Kensington B, Randburg. This is a perfect investment as tenant has been there for over 7 years and will happily enter into a new 3-5 year lease agreement when lease comes up for renewal in April 2022.

TENANT:

Double garage where he runs one of his Boxman franchise

Premises is totally walled off

Offices

Large workable area

Carports for shaded area

Toilets

Mechanical and small panel beating work for the many car dealers in the area.

Premises is close to all car dealerships in the area

Good security

Tenant paying R20 000 p/m.

Details:

Erf no: 471

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Loan Value (Capital) R 0
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Interest at 8.25% for 20 years
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

Experience Randburg and Ferndale

The suburbs of Randburg offer a wide variety of neighbourhoods to suit most lifestyles and, have a mixed population of old and young residents. Property types include older homes and new developments. Diggers and Randburg Sports Club offer professional facilities for all major sporting activities, for young and old. For nightlife and entertainment, Randburg is very central. Parkhurst or Greenside’s boulevard cafés, Monte Casino's multitude of restaurants, theatres and gambling facilities are a mere 20 minutes away. For outdoor lovers, the Lion Park and the Cradle of Humankind has a wide variety of attractions, in close proximity.

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991 m² Commercial space in Kensington B

R 2 200 000

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