R 5 500 000
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1 575 m² Commercial space in Raceview

1 575 m²

This double storey commercial property is situated on the South side of the Alberton CBD near the New Market Mall and the new modern Netcare Hospital that has been newly erected. The building is multi-let to several tenants running different operations in units of varying size and configuration. It has internally been adapted to suit the requirements of each tenant. Some partitions were made inside into smaller and separately leasable units.

The property has business 1 zoning rights, it is a sectional title with participation quota of 79.4% in the scheme for the whole block, the 20.6% belongs to the other owner. The area under roof is 1575sqm. For parking there is designated parking space provided by the adjacent stand.

An opportunity for a serious investor. ......Do not miss it.

Property details

  • Listing number T4486469
  • Property type Commercial
  • Listing date 25 Jan 2024
  • Floor size 1 575 m²
  • Rates and taxes R 12 000

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