R 12 500 000 | retail property for sale in brackenfell

Property Description


This centre is situated in a good residential area in the Northern Suburbs of Cape Town. The Centre shares a parking and drop-off area with a primary school with over 1 600 pupils. There is also a big Retirement Complex within 80 meters from the Centre. The face brick centre has a lettable area of ±1 200m² which is shared by 11 shops including a Superette, Pub, Hair salon and of which most are long standing tenants. The Centre has lots of potential and should easily give an investor a Net 10% ROI. No further information may be supplied without interested parties completing a NDA Price 12,5 mil Marius 083 659 9559


Property Details

Purchase PriceR 12 500 000

Building Size1200 m2

Price Per SQMR 10416 m2

Type of PropertyRetail

Land Size1800 m2

Last Updated10 Jul 2018

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Agent

Marius Botha

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