11.3% YIELD ON SMALL COMMERCIAL BUILDING INVESTMENT

R 1,350,000

7 months ago628 views
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General Details
Location:
For Sale By:Agency
Size (sqm):603
Description
179 m² Office Space in Strand Central
R 1 350 000 excluding VAT

Office space positioned centrally in the beautiful Seaside district of Strand.

Amenities in close vicinity of The Pavilion, Spur, Friedman & Cohen, Pick 'n Pay, all major banks.
Potential rental income of R 15 000 per month = earn a yield of 11.3% per annum after expenses deducted
Zoning scheme indicate that there is additional bulk available for future development.
Zoning Scheme: General business 4 - general business and mixed used zone
Multiple parking available

Rates And Taxes: 1100
Property Reference #: 3311517

Agent Details:
Hanlie Van Rensburg
Western Cape and South Africa
CCH Properties
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Cnr of De Beers & Reese Avenue
Somerset Mall, Somerset West
7130
Id Subtitle 883855633
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CCH Properties
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