2 174 m² Commercial space in Pretoria North

2 552 m² 2 174 m²

Excellent Investment Opportunity In Retail Center and Office Building - Rental Yield[removed] 11.6[removed]

This property offers Tenanted Retail Space and also hosts Offices on the first floor.

-All figures below exclude VAT:

With a Netto Monthly Income: R 135 294

Netto Annual Income: R 1 623 528

and Sales Price: R14 000 000

Rental Yield: 11.6%

Costs and Income as received from Landlord as Follows:

Monthly Income R 139 780 (Excluding R&T and Utilities)

Insurance and Sasria: R 2 986 (insured for R32 125 500)

Maintenance: R1 500/month in-house (R18 000/annum)

Rates and Taxes: By Tenants R17 090

Electricity: By Tenants R29 950

Water: By Tenants R9 895

Sanitation: By Tenants R2 252