Retail space in Elsies River

This is an investors dream to purchase this fully tenanted commercial space.

The property runs from Halt Road, through to Oasis Road.

There is a large parking area at the rear of the building, which is accessible from Oasis Street.

Currently, there are 2 long-term tenants in this 2-floor building. The total rental space is 825 sqm.

The upper floor is occupied by a fitness centre. The Ground floor has a Clinic for Union workers.

Both are long established tenants, which will provide a stable income for any investor.

Both tenants have a long rental record and are on current leases.

Current rental income is R 61 000 pm ex VAT. This Building has low expenses and is an investors dream.

The detailed rental roll and leases will be available for inspection after certain conditions are met.

The zoning is General business 2. This site has great potential for future development.

This property is close to N1 and N2 motorways and has excellent access to public transport.

The property is available for R 4,8 million ex VAT. ( This is a VAT sale.)

All serious investors should consider this property as part of your property portfolio.

If you are interested in viewing this property, call Frances or Noorjehan to arrange a viewing, or to discuss any industrial/ commercial or retail property requirements that you may have.

Frances & Noorjehan are representatives of Real Estate Power CC, T/A RE/MAX PREMIER, an Independently Owned and Operated franchise of RE/MAX SA.