AUCTION
Income-Generating Retail Opportunity - On Auction 22 May
Income-Generating Retail Opportunity - On Auction 22 May 2024
This bustling street-facing property has main road access and high visibility. Set on a stand of ± 1 743m², it boasts a GLA of ±1 666m² and is currently generating an income of approx R78 146 per month. Situated in a high traffic area, this well secured building offers great upside potential.
The building is constructed by means of rendered brick and has large street facing windows which can be used for advertising or to increase the aesthetic appeal of this building.
Between the building and the road, there is the presence of a well maintained concrete sidewalk which provides a platform for a high volume of foot traffic.
Towards the posterior end of the building, there is a parking lot.
ERF: ± 1 743m²
GLA : ±1 666m²
Well maintained
High volume of foot traffic
Monthly income : ± R78 146.38 (exl vat)
Features
Exterior
Sizes
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