Glenlilly · Retail For Sale
538 m² Retail For Sale in Glenlilly
- R 4,450,000
- 538 m²
Accepting Offers.
DESCRIPTION:
Agents: this is an exclusive sole mandate - please respect our sellers choice of agency.
This prime tenanted property in situated on the outskirts of Parow and close to the Plattekloof off ramp off the N1. There are three sections, two tenanted and one unit is owner occupied. There are 8 open parking bays, 6 secure bays and a secure double garage that comes with the section.
Total income: R27 750,77 p.m. OR R333 009,24 p.a.
Potential income: ±R396 093.24 p.a.
VAT Entity - could be zero rated!
Tenant 1:
• 3 Years from 1 April 2021 to 31 March 2024
• Current rental: R12,999.47 excl. VAT per month + Municipal Charges
• Lettable Area: 178m²
Tenant 2:
• 3 Years from 1 July 2021 to 30 June 2024
• Current rental: R14,751.30 excl. VAT per month + Municipal Charges
• Lettable Area: 202m²
Owner occupied:
• Owner to vacate
• Market-related potential rental - R5,257.00 excl. VAT per month + Municipal Charges
• Lettable Area: 72m²
DETAILS:
• Erf no: 23460, Parow
• Erf size: 538m²
DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.
Property Information & Features
- Property Type
- Retail
- Listing Type
- For Sale
- Location
- Glenlilly, Parow
- Price
- R 4,450,000 · Get Pre-Qualified
- Price per m²
- R 8,271
- Erf Size
- 538 m²
- Garages
- 1
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