R 2 200 000
calculate bond costs
380 m² Retail Space in Sidwell
13 commercial road
1 360 m²
380 m²
Multi Tenanted Building
The building comprises of 400sqm of retail space. Currently 2 shops, but can be converted into 4 units.
The top floor has 4 large 2 bedroom flats with access off the back and the front of the building. The back of the building houses the garages and some storage space.
The flats are currently tenanted at R3 800 each, the retail space has one lease at R6 500 and the other 200sqm unit is vacant.
The building has a rental potential of R31 000 per month.
VAT is payable on the purchase price.
Property details
- Listing number T4686360
- Property type Retail
- Listing date 25 Jun 2024
- Land size 1 360 m²
- Floor size 380 m²
- Rates and taxes R 6 000