R 7 100 000 | 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 31 March 2021 with option to renew. Annual nett rental income R610 467 - Rates & Taxes: R55089 per annum. Annual insurance: R12722. Maintenance / sundries: R12 000. 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 7 100 000

Building Size600 m2

Price Per SQMR 11833 m2

Type of PropertyRetail

ZoningRetail

Last Updated12 Nov 2019

Property Location


AddressNorthumberland, Bellville, Bellville, Western Cape, South Africa

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Property Location


Agent

Carol Cox Jones

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