R 5 650 000
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1 992 m² Commercial space in Secunda

2 133 m² 1 992 m²

Commercial Property For Sale in Secunda

This spacious building is situated on a busy street in the commercial area of Secunda.

The building is situated on a large stand of 2133m2 and the building area measures 1992m2.

The property has adequate parking in front of the building with access to a loading zone and the offices, reception area, storerooms, etc.

A large undercover parking area forms part of the building with front and back entrances to the building.

Current rental income is R78 440 pm = R941 280 pa which provides a yield of 16.65%

There is also an unused vacant space which can be rented out to generate additional income.

A must-see building, selling at below bank valuation!

Call me to arrange a viewing for you!

Property details

  • Listing number T4058736
  • Property type Commercial
  • Listing date 21 Feb 2023
  • Land size 2 133 m²
  • Floor size 1 992 m²
  • Rates and taxes R 14 000

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