Accepting Offers.
DESCRIPTION:
A portfolio of commercial & retail located in close proximity of each other on the main road in the CBD of Ficksburg.
Unique to acquire 3 buildings with National Anchor Tenants- Including Lewis Store, Sheet Street, Foshini & Miladys and other great long-term tenants. Massive 3539m² of GLA-Spread over 14 shops of which 8 are tenanted.
This is an opportunity not to be missed with over 12% returns. The current income is ±R109,615 per month or just over ±R1,315,398 per annum excl VAT. Balance of small shops if fully tenanted could generate an extra ±R450,000 more per annum.
Great solid investment, backed by strong leases for the keen investor looking to add to these prime properties to their portfolios.
Electricity prepaid for each unit & all 3 properties are well maintained & managed.
Pre-Auction offer highly recommended.
DETAILS:
• Erf size: (679m²)
• Erf size: (1257m²)
• Erf size: (1603m²)
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
Ficksburg, Ficksburg, Free State
