R 4 700 000
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605 m² Commercial space in Strandfontein

576 m² 605 m²

Investment Property for Sale on Dennegeur Avenue

Located on the busy Dennegeur Avenue in the business hub of Strandfontein, this property offers:

A 576m2 erf with 605 m2 under-roof

Dedicated parking bays directly in front of the property.

Easy access from the road.

Loading bay with truck access roller shutter door for deliveries.

Large open work area with separate managers offices

Huge marketing and branding opportunities.

Next to a popular food store and close to various take-aways and other businesses.

Currently tenanted by the South African Post Office as a mail depot with a solid lease in place and an above average rental income.

Competitively priced at R 4,7 million (ex-vat) with a 11% yield and the possibility to zero VAT the transaction.

Additional information available to serious buyers.

Viewing by appointment only.

Property details

  • Listing number T4592732
  • Property type Commercial
  • Erf size 576 m²
  • Floor size 605 m²
  • Rates and taxes R 2 300

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