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Prime Wynberg Retail Property for Sale
R 15,000,000
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6 months ago242 views
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Description
This prime, high visibility building is perfectly positioned at the upper end of Wynberg Main Road. Foot traffic is endless and its close proximity to Maynard Mall makes it a very attractive property to own.
The building has a long frontage onto the Main Road, which is ideal for retail outlets. Further back there is plenty of room for storage of stock or there is the opportunity to create further retails facilities. The property backs onto a large parking area, so deliveries and parking are not an issue.
Currently the front retails units are tenanted, so there is a nice revenue stream available to a new owner and there is the option to occupy the premises at the same time.
Redeveloping the site is also an option, going forward.
Property Reference #: CL12980
Agent Details:
Ambur Unite-Penny
Annenberg Property Group
Office 2DMatrix8 BridgewayCentury City 7441
Bridgeway
Century City
7441
The building has a long frontage onto the Main Road, which is ideal for retail outlets. Further back there is plenty of room for storage of stock or there is the opportunity to create further retails facilities. The property backs onto a large parking area, so deliveries and parking are not an issue.
Currently the front retails units are tenanted, so there is a nice revenue stream available to a new owner and there is the option to occupy the premises at the same time.
Redeveloping the site is also an option, going forward.
Property Reference #: CL12980
Agent Details:
Ambur Unite-Penny
Annenberg Property Group
Office 2DMatrix8 BridgewayCentury City 7441
Bridgeway
Century City
7441
Id Subtitle 1242299579
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Estimated monthly repaymentR 162,557
Total property loan amountR 15,000,000
Total interestR 24,013,455
Total repaymentR 39,013,455
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Annenberg Property Group
Selling for 7+ years
Total Ads792
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