R 8 500 000 | 265m2 investment property for sale in rydalvale

Investment Property Description


Investors Dream, Set up your Retirement. Looking for a visionary to establish themselves in a Phoenix commercial market. Can be used for Office space or Retail. Money Maker- Busy Central Hub of Phoenix. 9 units fully leased with a monthly income of R60000. Easy access from Phoenix highway and Parthenon Street. Ideally situated for foot traffic. Room for future developments. Approved plans and partial building for third floor and an additional 5 units. Further income of R 30000. Ample Parking Bays on the Premises. Well maintained ablutions. Originally planned for a medical center. Long term leases are in place. valid financials available for intent buyers. Make an appointment to view.

Investment Property Details


Property Details

Building Size265 m2

ZoningCommercial

Type of PropertyInvestment

Purchase PriceR 8 500 000

Last Updated11 Oct 2018

External Features

Open Parking Bays20

General Features

SecurityNo

Three Phase PowerNo

Air ConditioningNo

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Lorraine Chinnah
0844455254

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