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