1,612m² Retail For Sale in Clairwood
POA
Web Ref No CL1905
Sole Mandate! Mixed use tenanted investment for sale.
This property zoned general commercial located on South Coast Road offers an excellent tenanted investment purchase opportunity!
- Generating high income over R150 000 per month
- Lease in place for the Supermarket for 10 years (4 years into the lease), the tenant is long standing with a prior lease of 14 years. Escalation at 10%.
- Building compromises of 55 rooms on the first floor. On the ground floor is a Supermarket, Tyre Shop and 4 rooms, café and a takeaway.
- Rates approx. R10 000 per month
- Floor size 1612sqm
- Land size 806sqm
- Generating high income over R150 000 per month
- Lease in place for the Supermarket for 10 years (4 years into the lease), the tenant is long standing with a prior lease of 14 years. Escalation at 10%.
- Building compromises of 55 rooms on the first floor. On the ground floor is a Supermarket, Tyre Shop and 4 rooms, café and a takeaway.
- Rates approx. R10 000 per month
- Floor size 1612sqm
- Land size 806sqm
Features
Zoning Commercial
Monthly Rates R10,000.00pm Excl. VAT
Floor Size 1,612m²
Land Size 806m²
Monthly Rates R10,000.00pm Excl. VAT
Floor Size 1,612m²
Land Size 806m²
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