2500 m² Retail Space in Brits Central

R 24 850 000

Johan Kuhn

Porky Becker Eiendomme

2500 m² Retail Space in Brits Central

R 24 850 000

48 pienaar road
Can I afford this?
5 Baths
Floor Area 2500 m²
Land Area 2600 m²
Rates R 2000

EXCELLENT INVESTMENT OPPORTUNITY!!

COMMERCIAL PROPERTY FOR SALE BRITS CENTRAL R24.85 MIL.

Fantastically located building with ample parking of its own in secure area in Brits central.

This large property with street front on two busy streets in the CBD gives great opportunity to your tenants for maximum exposure to sell their retail goods. All lessors currently in the building has long-term leases of three years and up. All are interested to renew their terms with the landlord. There are ten tenants in total with a total rented area of +/- 2600 square meters.

Shop space varies from 80 to 735 square meters. The total rental income exceeds R200 000.00 ex vat per month, and there is a turnover clause in the lease agreements ensuring a further annual income. Expenses on this property are very low as tenants pay for electricity usage, rates and taxes. Any further details will be disclosed to serious buyers only.

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Key Property Features

5
Bathrooms

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2500 m² Retail Space in Brits Central

R 24 850 000

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