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R 7 000 000 | retail property for sale in bellville

Property Description

Ideal for Investor Buyer!! Situated in well located and highly sought after area offering excellent exposure. Easy access to N1, other main roads and public transport. Open plan retail area, prep room and staff rest room plus toilets. Cold storage facilities plus delivery area. Front of shop take-away area. Upstairs offers a large open plan area which is currently fitted out for coffee shop. Two offices and bathroom. 5 Private parking bays in front of building plus ample public parking. Currently tenanted with stable tenant. Lease agreement expires end March 2022 with option to renew. Annual nett rental income R690 279 - Rates & Taxes: R57564 per annum. Annual insurance: R12722. Maintenance / sundries: R6000. Price excludes VAT NG Property Brokers are specialists in selling and leasing of Industrial and Commercial real estate. We are based in the Northern Suburbs of Cape Town, South Africa where our main focus lies.

Property Details

Purchase PriceR 7 000 000

Building Size600 m2

Price Per SQMR 11666 m2

Type of PropertyRetail


Last Updated28 Apr 2022

Property Location

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