POA

658 m² Commercial space in Montclair

1 666 m² 658 m²

Calling all investors [removed] Brand New Sole Mandate

Newly renovated commercial zoned property with a high-income tenant.

Located in a strategic position in the suburb of Montclair, this property lends itself to retail and commercial operations.

Lease in place for 5 years with option to renew (currently in year 2) with an annual escalation of 7%

High yield on offer at approx. 12%

Property has just had extensive renovations

Land Size 1666sqm

Property is 658sqm

The property offers two entrances and good security

Ample yard/parking space

Ablutions and kitchenette as well as mezzanine level offices

Rates per month R7879.51

3 phase power / 500Amps

Property details

  • Listing number T4664781
  • Property type Commercial
  • Listing date 7 Jun 2024
  • Land size 1 666 m²
  • Floor size 658 m²
  • Rates and taxes R 7 880

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