R 3 999 000

1 450 m² Commercial space in Electron

1 516 m² 1 450 m²

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, 3-phase electricity, Prepaid water meters, 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
Erf size 1 516 m²
Floor size 1 450 m²
Rates and taxes R 8 641
Levies R 1