1385 m² Commercial space in Magaliesburg

R 5 800 000

David Lawry

Keller Williams-Advance

1385 m² Commercial space in Magaliesburg

R 5 800 000

Can I afford this?
Floor Area 1385 m²
Land Area 1.1 ha
Rates R 5000

Prime retail shopping centre in Magaliesburg, comprising of 1255 square meters under roof set on a 1.1ha stand. The centre is divided into six shops and there is an additional 130 meter workshop / storage situated behind the complex.

Sixty percent of the tenants have occupied shops for more than five years.

Netting a return of 8.5% per annum.

There is a servitude on the property where the main road, Rustenburg road runs through the property.

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Experience Krugersdorp

Krugersdorp is a town with a lot of history, culture and landscapes. The locals are the kind of neighbours you can still borrow a cup of sugar from, in this close community. Due to its rich history, Krugersdorp has many historical buildings, museums and well built homes. It's a family-friendly neighbourhood, conveniently located near highways to Johannesburg CBD and other business districts.

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1385 m² Commercial space in Magaliesburg

R 5 800 000

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