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MACYOUNG.BIZ - Prime Commercial Building - Winelands

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MACYOUNG.BIZ - Prime Commercial Building - Winelands

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1 year ago288 views

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General Details

Location:

Paarl, Cape Winelands

Available From:26/03/2024

Size (sqm):3300

Parking:Garage

Description

MACYOUNG.BIZ - 12%+ ROI

About this Commercial Property: Prime location on main road in CBD right in the hustle and bustle.

History: Running successfully and profitably with stable high end tenant profile - several nationals.

Tenants: +-65% of rent roll income from corporate nationals and franchises.

Figures: Annual revenue circa R8mio, delivering net earnings around R4,9mio (EBITDA)

Selling Price: R39,5mio ( 0% VAT as going concern)

ROI: 12,47% (First year)

*No Agents or Brokers to enquire

Id Subtitle 1270522630

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Interest rate at 10.75% 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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MacYoung.Biz Business Brokers

Selling for 15+ years

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