COMMMERCIAL SHOPPING CENTRE FOR SALE | EAST LYNNE | PRETORIA

R 11,000,000

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COMMMERCIAL SHOPPING CENTRE FOR SALE | EAST LYNNE | PRETORIA

East Lynne is a diverse district home to several commercial and residential pockets. This free-standing commercial property is based on Baviaanspoort Road in East Lynne, Pretoria. This commercial property comprises out of several various sized retail units along with a nicely sized medical day clinic.

The medical day clinic still has all the necessary operating requirements in place such as oxygen, back-up power, elevator access, wash areas and much more. The clinic is situated on the first floor, comprising out of well-thought-out layout offering 4 four-bed rooms, 1 two-bed room, a private VIP room, a labour ward, a nursery and two medical theatres. The rest of the first floor offers ample open space along with some additional consultation rooms.

The ground floor comprises out of several units, some of which use to be doctors consultation rooms, a pharmacy, and a few retail shops. There is a section of the ground floor that used to be used as an x-ray consultation area, and it still has all the necessary requirements in place to be used as an x-ray consultation area.

The property is based on a spacious paved stand which provides ample open parking for all tenants and their clientele. This retail centre has great street visibility along with multiple signage options which can cultivate a great exposure opportunity within the area. The property does have access to three different streets and has the potential to be either used as a shopping centre, mass accommodation or an office building. This premises also offers two additional stands used for additional parking that will be included in the sale, making it a great investment and redevelopment property within the area.

The property has exceptional access to and from the N1 highway, provided by the M15 and M8 main arterial routes. Staff will have access to good public transport provided by several bus stops stationed within walking distance of the property. East Lynne also offers many amenities or commodities hosted conveniently within close proximity of the property. This includes Spar, OK Foods, KFC, the post office and much more.

Gross rental includes:
- Operational costs
- Municipal Rates

Gross rental excludes:
- Water
- Electricity
- Refuse
- Sanitation
- Rates
- Taxes
- VAT

Property Reference #: CL34530

Agent Details:
Stefan Hurter
API Property Group
Southdowns Office Park
Block D, Suite 6 & 7
22 Karree Street
Irene
Centurion
0062

Id Subtitle 1214924479
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Estimated monthly repaymentR 119,208
Total property loan amountR 11,000,000
Total interestR 17,609,867
Total repaymentR 28,609,867
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