3646 m² Commercial space in Kokstad

R 28 500 000

Unity Godden

RE/MAX-Plus

3646 m² Commercial space in Kokstad

R 28 500 000

Address: 70 main street
Floor Area 3646 m² Land Area 3646 m² Rates R 32000

An ideal opportunity to purchase a large commercial property in a premier location on Main Street Central CBD in walking distance to the Banks, Restaurants and backs onto the Kokstad regional shopping centre.

The property measures 3646 sqm and is multi tenanted.

The main street facing building is three stories high and is built in face brick. Offices upstairs and retail shops downstairs. The property is in good condition with tiled floors. The offices off the back of the building open onto the regional centre parking area, this centre is in high demand and is fully tenanted at all times .

Ideal investment opportunity, this property has shown a consistent growth in value over the years despite the economic cycles experienced. With net annual profits of R3.7 Million, making the return on this investment approximately 13%.

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Unity Godden

Unity

Godden

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3646 m² Commercial space in Kokstad

R 28 500 000

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