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1231m2 Prime Retail For Sale on Long Street, Cape Town
R 17,000,000
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7 months ago77 views
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General Details
Location:
Description
The Decks is a mixed use building situated in the heart of Cape Town. This prime retail space offers excellent shopfront visibility on one of the busiest streets of the CBD. Currently tenanted by a bidvest retail brand who has been operating in the premises for over 20 years which makes this a fantastic investment opportunity as the yield return offers 10.52%.
The section measures a total of 1231m2, comprising of retail space and basement storage facility. The asking price includes 2 parking bays
Contact Sharon Marais, our Commercial Property Broker for more information and viewing arrangements..
Property Reference #: CL6263
Agent Details:
Sharon Marais
Vermaak Properties
Unit 92, Block B, Millennium business park, 19 Edison way, Century City, 7441
The section measures a total of 1231m2, comprising of retail space and basement storage facility. The asking price includes 2 parking bays
Contact Sharon Marais, our Commercial Property Broker for more information and viewing arrangements..
Property Reference #: CL6263
Agent Details:
Sharon Marais
Vermaak Properties
Unit 92, Block B, Millennium business park, 19 Edison way, Century City, 7441
Id Subtitle 1233807466
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Estimated monthly repaymentR 184,231
Total property loan amountR 17,000,000
Total interestR 27,215,249
Total repaymentR 44,215,249
Interest rate at 11.75% for 20 years *
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Vermaak Properties
Selling for 3+ years
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