R 3 950 000

1 450 m² Commercial space in Electron

1 518 m² 1 450 m²

Retail Shopping Complex For Sale In Electron

Ideally positioned on busy Southern Klipriversberg road, close to the corner of Heidelberg road, this busy retail complex has much passing trade and is fully let. With an annual income of R622 680 this translates into a Yield of 15.5% at the asking price of R3 999 000

Features : 6 shops, 3-year leases, 6 rooms, 6 showers & toilets, Prepaid water meters, 3-phase electricity, Prepaid electricity meters, GLA is 1450m2, Erf size is 1517m2, tiled floors, burglar proofing, security gates, paveway

Electron is a suburb in the south of Johannesburg. Prior to the discovery of gold on the Witwatersrand in 1886, the suburb lay on land on one of the original farms called Elandsfontein. It became a suburb on 27 July 1949.

Property details

Listing number T4622553
Property type Commercial
Listing date 6 May 2024
Land size 1 518 m²
Floor size 1 450 m²
Rates and taxes R 8 642
Levies R 1