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R 35 000 000 | retail property for sale in gillitts

Property Description


Retail Centre for sale in Gillitts. Retail centre for sale in Upper Highway. Retail Centre for Sale near Hillcrest. Retail centre for sale near Kloof. With an annual NETT income (after expenses) allowing for a yield on this property of 10%. Fully occupied with a tenant mix of 17 tenants. All have leases in place with 2-3 years remaining. All tenants whose leases expire in 2020 have renewed. Owner has immigrated. Excellent opportunity not to be missed. Call me now to arrange a viewing. The information herein is correct to the best of our knowledge as provided by various parties, however errors and omissions excepted.


Property Details

Purchase PriceR 35 000 000

Type of PropertyRetail

Last Updated31 Jul 2020

Property Location


Address16 York Road, Gillitts

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Property Location


Agent

Ryan Lategan

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