R 8 900 000 | investment property for sale in lenasia

PRIME COMMERCIAL PROPERTY FOR SALE – LENASIA EXTENSION 1 CBD Asking Price: R8,900,000 A fantastic investment opportunity in a prime location in Lenasia Extension 1 CBD. This well-positioned commercial property comprises 8 fully let shops, offering an immediate rental income stream and strong investment potential. Property Features 8 commercial shops 7 shops downstairs 1 shop upstairs All shops fully let Separate electricity metres for each shop Building borehole with metre Ample on-site parking Prime CBD location with excellent visibility and accessibility Established rental income from existing tenants Rental Income Monthly Rental Income: R76,450 Annual Rental Income: R917,400 At the asking price of R8.9 million, the property offers an attractive gross rental yield of approximately 10.31%, before operating expenses and other ownership costs. Why Invest? This is an excellent opportunity for an investor looking for a fully occupied commercial property with established rental income in a busy and sought-after business location. R8,900,000 – Serious buyers and investors are invited to enquire.