Property Overview
-
- Size:
- 16,835 sq ft / 1,564 sq m
-
- Usage:
- A1, B1, B2
-
- Sale Type:
- For Sale
-
- Rental Income:
- R1,300,000
-
- Property Type:
- Other
- Shopping Centers
-
- Auction:
- No
-
- Development Opportunity:
- No
-
- Investment Opportunity:
- No
-
- Tenanted:
- Yes
-
- Energy Rating:
- N/A
General Summary
Commercial Property for sale inNorthern Suburbs - Bellville
12% YIELD 82% NATIONAL TENANTS
ZAR 10,820,000
Retail building Belville with 12% Yield
Buildings
The property consists of two floors:
Gound Floor: 1,256m2
First Floor: 852.1m2
Parking: 12 bays
Total GLA: 2,108.10m2
Financial Information
Annual Net Income (12 month forward): R 1,905,673.58
Asking Price: R15.9m
Yield on Acquisition: 12%
The Leases
National tenant leases 35% of the building
