Description

COMMERCIAL RETAIL BUSINESS PROPERTY IN HIGHLY SOUGHT AFTER AREA – 1 983M2 STAND WITH 1 000M2 WAREHOUSE AND A TOTAL OF 1 054M2 UNDER ROOF – GREAT RENTAL INCOME

Why to Buy?

- Current Tenants: The property is currently leased to AutoZone and two other retail shops, generating a rental income of R101,000 per month.
- Retail Location: The property is zoned for business retail and is currently occupied by AutoZone and two additional retail shops. This offers a stable rental income with the potential for future expansion and development.
- Development Opportunity: The property features a large vacant area that allows for expansion, providing opportunities for additional smaller stores or development projects.
- Road Accessibility: The property benefits from good road access, ensuring easy transportation for customers and employees.
- Visibility and Advertising: With excellent road coverage, the property offers high visibility and advertising opportunities.

Property Profile

Property Type: Retail and small Warehousing
ERF Numbers: 547
ERF Square Meters: 1983

Property Details

Offices and Bathrooms: The property includes offices and bathrooms for the convenience of tenants and customers.
Parking: There are 25 road parking bays available for customers.
Fencing and Walling: The property is fenced with an electric fence and is also walled, providing security and privacy.
Roof, Walls, Windows, and Doors: The property features a steel roof, brick and plaster walls, steel windows, and wooden and sliding doors.
Air Conditioning: The property is equipped with air conditioners. The exact number and make/model are yet to be advised.
Telecommunications: Telephone lines and data lines are available on the property.

Property Opportunities

Existing Rental Tenants: The property already has established rental tenants, providing a stable income stream.
Additional Space for Development: The large vacant area on the property allows for further development or expansion of the existing structures.
Potential for Additional Smaller Stores: The property offers the potential to create smaller stores within the available space.

Conclusion for your decision making|

This retail property presents an excellent investment opportunity with established rental tenants, a large vacant area for expansion, and the potential for additional smaller stores. Located in a business retail zone with good road access and visibility, it offers convenience for customers and tenants alike.

This property cant be missed. Contact us today for a full property profile review.