R 1 490 000 | retail property for sale in regents park

This commercial asset is very well-located! Situated on the Corner of August Rd & James Street, Regents Park. Easy access from North Rd and Diagonal Rd and nestled by a residential node. Currently tenanted by: - Liquor Shop - Supermarket - Church - Residential Tenant Currently Gross Income R33.735.97p/m A transaction is feasible at a yield of 17% p/a The face-brick building is typically Cash 'n Carry style, with flat aluminium roofing. Box-shaped building, ideal for traders. A steady passive income and a solid tenant mix make this property attractive at the correct price level! Full details available in the bidder’s pack.