Faerie Glen · Retail For Sale
1806 m² Retail For Sale in Faerie Glen
- R 10,800,000
- 1806 m²
*****EXCLUSIVE MANDATE*****
SMART INVESTMENT OPPORTUNITY UP FOR GRABS!
Are you a seasoned property Investor looking to expand your portfolio, or a budding/established developer looking for the next challenge!
Here is an opportunity offering both an existing and reliable income, with the additional potential for long-term growth.
Introducing four properties, currently offering multi-tenant buildings, situated 300m from a brand new Shopping Centre, on a bustling main road.
With an accumulated rental income of R102 per month, you will be able to generate a steady cash flow, whilst enjoying the benefits of property ownership, in a truly unbeatable location!
Simply steps away from all the shopping, dining, and entertainment options in the area, your investment is secured to show a constant and exceptional return.
The four stands cover a total 1806 square meters with plus minus 200 - 220 square meter under roof on each.
Business 4 Zoning, subject to a consolidation of all four properties, has been applied for and is in process. The time frame for the completion of such being around 9 months.
Contact me directly for further details on the planned and possible potential this investment can bring, but please note that in order to not unnecessarily disrupt the current Tenants' daily trading, we will be required to vet potential buyers.
Property Information & Features
- Property Type
- Retail
- Listing Type
- For Sale
- Location
- Faerie Glen, Pretoria
- Price
- R 10,800,000 · Get Pre-Qualified
- Price per m²
- R 5,980
- Floor Size
- 840 m²
- Erf Size
- 1806 m²