3 215 m² Commercial space in Castleview

Nestled in the center of the business and industrial node of Germiston, a stones throw away from the N17, you will find this neat, well-constructed and maintained retail center. By July 2024, this property will be 98% occupied with some lease agreements up until 2028 and escalations ranging between 5% 7% annually. This fantastic acquisition will become even more viable once fully let however, with the current income, it still boasts a Nett ROI of 11.50%. At a well-negotiated selling price and with escalations over the years, this opportunity will get better and better. Make sure to give me a call today and lets negotiate and secure this great investment to add to your portfolio.

Selling Price Excludes VAT!

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Pre-qualified or cash buyers will be given preference. If this property does

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