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R 14 000 000 | retail property for sale in phalaborwa

Property Description

Shopping Centre For Sale This Property is situated on the "High Street in Phalaborwa. There is 12 shops occupying the premises. The GLA of the centre is 2,567m2 1,019m2 of the GLA (40%) is national tenants. Autozone & Ok Furnishers. The property is fully let. ANNUAL Gross Income incl. Recoveries R 2,570,000.00| Expenses R 944,000.00 Net Operating Income R 1,626,000.00 The asking Price is R 14 million Property Details Type of Property Retail Land Size 914m2 Under Roof 2,567m2

Property Details

Purchase PriceR 14 000 000

Building Size2567 m2

Price Per SQMR 5453 m2

Type of PropertyRetail


Land Size914 m2

Last Updated03 Oct 2020

Property Location

AddressPalm Street Mall, Phalaborwa, Phalaborwa, Limpopo Province, South Africa

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