R 19 500 000

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Commercial space in Verulam

1839 m²

For Sale Multi Tenanted Building in Verulam R19 500 000.. Prime investment opportunity in Verulam! This fully tenanted 3-storey building boasts two major Banks as anchor tenants, ensuring a steady income stream. With a gross lettable area of 2,123sqm and long-standing tenants, this property offers stability and potential for growth. Situated on a 1,839sqm land, the building yields over 9% pa in rental income. Although requiring repairs, the asking price of R19.5m is negotiable. Serious buyers can access the tenant schedule for further evaluation. Don''t miss out on this lucrative investment prospect!

Property details

  • Listing number T4588696
  • Property type Commercial
  • Erf size 1839 m²
  • Rates and taxes R 23 814

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