R 3 900 000 | retail property for sale in salt river

Property Description

This stand alone property is located along the busy Albert Main Road and offers an in come producing property. This location is also set to see a drastic facelift over the coming years with the all new Amazon headquarters opening its door just a mere 300 meters away thus completely changing the demand for this area. The property is currently tenanted with one single tenant who has had a great trackrecord over the last few years with no signs of leaving any time soon. The building is split into multiple residential units on the top floor and 3 retail units on the group floor. All of the spaces are rented out. The building zoning of General Business 5 allows for an array of tenant types and also allows for a great development site down the line with - 884 sqm of rentable space that can be built on this site. Contact me today to discuss or view this great opportunity


Property Details

Purchase Price R 3 900 000

Building Size284 m2

Price Per SQMR 13732 m2

Type of PropertyRetail

ZoningCommercial

Land Size221 m2

Last Updated27 Mar 2024

Property Location

Similar Property in nearby suburbs

Agent

Kurt Dreyer

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