Web Ref LPC14
R12,733,000
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Monthly Rates
R15,000
R15,000
Commercial Building for Sale with Established Rental Income
This commercial property offers an excellent return on investment. All 20 units are fully tenanted with signed lease agreements, and no outstanding rent. The property generates a steady monthly rental income of R140,000.
Each unit is equipped with a basin, toilet, prepaid electricity, and municipal water.
The building features two secure entrances with perimeter fencing and electric fencing. With 47 parking spaces, it offers ample convenience for both tenants and customers. This double-story property is located in a prime spot in Annadale, close to public transport, shopping centers, the traffic office, as well as schools and crèches.
Please note that the selling price is exclusive of VAT.
Don't miss out on this fantastic opportunity—contact us today!
Each unit is equipped with a basin, toilet, prepaid electricity, and municipal water.
The building features two secure entrances with perimeter fencing and electric fencing. With 47 parking spaces, it offers ample convenience for both tenants and customers. This double-story property is located in a prime spot in Annadale, close to public transport, shopping centers, the traffic office, as well as schools and crèches.
Please note that the selling price is exclusive of VAT.
Don't miss out on this fantastic opportunity—contact us today!
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
2,860m²
Land Size
2,856m²
Extras
Balcony; Double Parking; Double Storey; Office
