R5,800,000
Monthly Rates
R19,684
Total
R19,684
Commercial Property on a main road in the Central Business District.
Web Ref.
CLS4404
High foot-traffic area and loads of parking space. Super investment opportunity!
Located on a busy main street, this commercial building offers investors superb street front attention.
A total of 5 shops bringing an existing income of R62 000 inclusive of VAT per month from 3 of the shops.
2 large front shops offer 400m² of retail/ office space each with ablutions and kitchenettes.
3 Rear shops offer :
1 shop of 400m² of retail/office space with 6 offices, ablutions & kitchenette
2 shops of 180m² of retail space holding 3 offices, 2 boardrooms, kitchen & ablutions.
2 Anchor lease tenants in place. Great potential to increase your return on the remaining 580m² lettable space. Opportunity to realize a great return once the buildings are fully let.
Sellers are open to reasonable offers here.
Located on a busy main street, this commercial building offers investors superb street front attention.
A total of 5 shops bringing an existing income of R62 000 inclusive of VAT per month from 3 of the shops.
2 large front shops offer 400m² of retail/ office space each with ablutions and kitchenettes.
3 Rear shops offer :
1 shop of 400m² of retail/office space with 6 offices, ablutions & kitchenette
2 shops of 180m² of retail space holding 3 offices, 2 boardrooms, kitchen & ablutions.
2 Anchor lease tenants in place. Great potential to increase your return on the remaining 580m² lettable space. Opportunity to realize a great return once the buildings are fully let.
Sellers are open to reasonable offers here.
Features
Zoning
Sizes
Newcastle Central, Newcastle
- Street map
- Street view
Monthly Repayment
R0,00
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