A multiplex of mixed uses is this business and residential blocks all grouped into one lot. It is a massive set of buildings that span over 3000 squares of land and offers around 40 usable spaces which range from Penthouse apartments and flats on the upper levels to shops, studio's, workshops and service centers and finally storage and parking spaces on the lower levels. It is an impressive space, a well located, modern, well designed, well maintained and well managed space. Almost completely occupied with long term lessee's that generate an income of well above R300K per month. In fact the ROI on this is almost exactly 10%. If you are serious about a stable return on your investment which includes not only rental income but also capital growth, do not let this opportunity pass you by.
Features
Zoning Mixed Use
Monthly Rates R38,000.00pm Excl. VAT
Floor Size 3,690m²
Land Size 3,169m²
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Market value
R37,900,000
Offers from
R37,800,000
Offers for this listing must be made in R100,000 increments. More Info