202 m² Commercial space in Stellenbosch Central

R7,400,000 Excl. VAT | Current Rental R64,494 pm | Approx. 10.46 Gross Rental Yield

Well-positioned tenanted commercialretail unit situated in the established Bergzicht Complex on busy Merriman Avenue, Stellenbosch.

The property enjoys excellent exposure to passing vehicle and pedestrian traffic and forms part of a complex comprising seven commercialretail outlets facing Merriman Avenue.

Currently occupied by a Cash & Carry, the unit offers an established rental income and comprises:

Retailcommercial space

Ladies'' & gentlemen''s restrooms

Storeroom

Secure allocated parking bay at the rear

Easy access to spacious public parking

Excellent visibility from Merriman Avenue

INVESTMENT DETAILS:

Selling Price: R7,400,000 excluding VAT

Current Rental: R64,494 per month

Annual Gross Rental: R773,928

Gross Rental Yield: 10.46

Current Lease: Until 31 March 2027

Levy: R7,606 per month

Municipal Rates & Taxes: R2,847 per month

VAT: Zero-rated transaction may apply where the applicable requirements are met, including the purchaser being VAT registered.

A well-located, income-producing commercial property offering an established tenant and strong exposure in a busy Stellenbosch location.

Contact us for further information or to arrange a viewing.