Accepting Offers.
DESCRIPTION:
PORTFOLIO DISPOSAL
• Perfectly positioned large commercial building, including national tenant.
• GLA of 1,956m²
• Net Income = ±R1,350,000pm
• Current net yield = 10% -
• Tenant Mix = Midmar Liquors, Boqol & Workshop
• 100% Occupied building, secured leases in place with longstanding established tenants.
• Upcoming lease renewal periods (from 2027 - 2032), lease escalations = avg. 5%-7% p.a
Perfect for redevelopment or keep as an investment.
DETAILS:
• Erf no: 10870, Bellville
• Erf size: 1561m²
DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.
Property Address
Bellville Central Bellville
