Woodmead · Industrial For Sale
12718 m² Industrial For Sale in Woodmead
- R 55,000,000
- 12718 m²
Prime Fully Let Shopping Center For Sale This property is located in the highly sought-after area of Woodmead, offering convenient access to major motorways. With 15 tenants, this centre provides a variety of amenities including doctors' rooms, a dentist, pharmacy, Postnet, restaurants, and more. Investors can request the latest income and expenses for potential investment opportunities. The centre is fully tenanted and generates a monthly income of R545 373.00 plus VAT, with an annual income of R6 544 476.00 plus VAT. This translates to an 11% yield. Shoppers can enjoy ample parking space, while tenants have access to covered parking. All tenants have remained secure and paid their rent throughout the COVID-19 pandemic. The centre also offers security as well as public male and female toilets. Its attractive appearance, low-maintenance face brick exterior, and VAT transaction (with the option to zero-rate)... This property is located in the highly sought-after area of Woodmead, offering convenient access to major motorways. With 15 tenants, this centre provides a variety of amenities including doctors' rooms, a dentist, pharmacy, Postnet, restaurants, and more. Investors can request the latest income and expenses for potential investment opportunities. The centre is fully tenanted and generates a monthly income of R545 373.00 plus VAT, with an annual income of R6 544 476.00 plus VAT. This translates to an 11% yield. Shoppers can enjoy ample parking space, while tenants have access to covered parking. All tenants have remained secure and paid their rent throughout the COVID-19 pandemic. The centre also offers security as well as public male and female toilets. Its attractive appearance, low-maintenance face brick exterior, and VAT transaction (with the option to zero-rate) makes it a desirable investment opportunity. Don't miss out!
Show more Show lessProperty Information & Features
- Property Type
- Industrial
- Listing Type
- For Sale
- Location
- Woodmead, Sandton
- Price
- R 55,000,000 · Get Pre-Qualified
- Price per m²
- R 4,325
- Erf Size
- 12718 m²
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![Mike Kibiego](/images/photo-placeholder.png)