R 6 495 000 | retail property for sale in lambton

Property Description


This shopping Centre in Germiston suburbs is established and fully let. Rental income is in excess of a million rand per annum and expenses only R180,000. The 12 tenants are stable and a complementary mixture that includes a pharmacy, cafe, bar, take away and hair salon amongst others. There is also a car wash on-site. The centre is on a major arterial and close to nursery, primary and secondary schools, Rand Airport, and police stations.


Property Details

Property FeaturesThis intimate suburban shopping centre has 12 shops and a car wash on a busy street in the suburbs. It is close to schools and public facilities., Building Name: Lambton Gables, Level Number: 1

Purchase PriceR 6 495 000

Type of PropertyRetail

Last Updated31 Jul 2019

Property Location


Address49 Third Avenue, Lambton

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Agent

Cobus Fourie

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