Regents Park Estate · Retail For Sale
497 m² Retail For Sale in Regents Park Estate
- R 1,490,000
- 497 m²
This commercial asset is very well-located!
Situated on the Corner of August Rd & James Street, Regents Park.
Easy access from North Rd and Diagonal Rd and nestled by a residential node.
Currently tenanted by:
- Liquor Shop
- Supermarket
- Church
- Residential Tenant
Currently Gross Income R33.735.97p/m
A transaction is feasible at a yield of 17%+ p/a
The face-brick building is typically Cash 'n Carry style, with flat aluminium roofing.
Box-shaped building, ideal for traders.
A steady passive income and a solid tenant mix make this property attractive at the correct price level!
Full details available in the bidder's pack.
Property Information & Features
- Property Type
- Retail
- Listing Type
- For Sale
- Location
- Regents Park Estate, Johannesburg
- Price
- R 1,490,000 · Get Pre-Qualified
- Price per m²
- R 2,998
- Floor Size
- 480 m²
- Erf Size
- 497 m²