POA

1 612 m² Commercial space in Clairwood

Contact agent for street address
806 m² 1 612 m²

This property zoned general commercial located on South Coast Road offers an excellent tenanted investment purchase opportunity!

-Generating high income over R150 000 per month

-Lease in place for the Supermarket for 10 years (4 years into the lease), the tenant is long standing with a prior lease of 14 years. Escalation at 10%.

-Building compromises of 55 rooms on the first floor. On the ground floor is a Supermarket, Tyre Shop and 4 rooms, café and a takeaway.

-Rates approx. R10 000 per month

- Floor size 1612sqm

- Land size 806sqm

Property details

  • Listing number T4664906
  • Property type Commercial
  • Listing date 7 Jun 2024
  • Land size 806 m²
  • Floor size 1 612 m²
  • Rates and taxes R 10 000

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