924 m² Commercial space in Stellenbosch Central

Fully let commercial portfolio located on the corner of Merriman and Andringa street. This prime investment opportunity consists of 7 separate sectional title retail shops.

There is ample client parking inside the complex with easy access form Andring street. The parking is managed by an employee.

Based on the list price the property yields an 8% nett income. Full spec and break down of the leases / income / expenses / recoveries can be provided once initial contact with the agent has been made.

Price excludes VAT. However the transaction will most likely be zero rated due to the going concern of the rental contracts.