600 m² Retail Space in Arcadia
Prime Investment Opportunity in Arcadia
Introducing a high-value commercial property in the heart of Arcadia, Pretoria. This well-maintained, fully let building offers both reliability and stability, boasting four longstanding tenants with an impeccable payment history. Ideal for investors seeking consistent income, this property generates a gross rental income of R59,700 per month, translating to a strong net income of R49,960.
Key Features:
Strategic Location: Situated in the bustling Arcadia area, close to major business and commercial hubs.
Fully Let with Reliable Tenants: The building is 100% occupied by longstanding, dependable tenants, minimizing vacancy risk.
Low Maintenance, High Returns: The property is well-maintained, requiring minimal intervention while delivering significant returns.
Steady Cash Flow: A strong net monthly income of R49,960 offers peace of mind and long-term financial security.
This building presents an excellent opportunity for discerning investors looking to expand their portfolio with a reliable, income-generating asset. Act now to secure this valuable investment!
Property details
- Listing number T4841903
- Property type Retail
- Listing date 27 Oct 2024
- Land size 1 275 m²
- Floor size 600 m²
- Rates and taxes R 6 713