Multi-Tenanted Building for Sale in Diep River

R 10,250,000

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General Details
For Sale By:Agency
Size (sqm):565
Parking:Covered
Description
This building, known as Homestyle Square, is situated in a prominent position on Main Road in Diep River. The ground floor consists of retail tenants, with offices upstairs. There are currently 17 tenants with 3 vacancies, in total and yielding 9.5%. A large parking area allows parking for up to 24 vehicles. There is considerable bulk left for redevelopment of the property as well - it is zoned General Business 1. With a floor factor of 1.5 and a coverage of 100%, this allows for a total bulk of over 2,600sqm.

GLA: 565sqm
Erf size: 1,775sqm
Price: R10,250,000 excl VAT

What's the next step? Just reply to this listing with your contact details to request a call back. You may also call the broker specialist for the area directly, Simon Solomon from Safcom Properties. You will be provided with a prompt response and professional service to assist you in making informed decisions in your property search.

Property Reference #: CL2125

Agent Details:
Simon Solomon
Safcom Properties
Unit 150, Millennium Business Park
19 Edison Way
Century City

Id Subtitle 673547951
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Safcom PropertiesMember since 2017
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