R 2 800 000 | retail property for sale in mowbray

Property Description


This building, situated in the heart of the Mowbray CBD has 5 tenants and provides the perfect investment opportunity. The tenants have all been there for 7 years or longer and provide a yield of just over 11% per annum. Further details of Leases and expiry dates will be presented on request by a serious buyer. Total GLA: 347sqm Price: R2,800,000 (no VAT applicable) What's the next step? Just reply to this listing with your contact details to request a call back. You can also call the broker specialist for the area directly, Simon Solomon of Safcom Properties. You can be assured of a quick response and professional service to assist you to make informed decisions in your property search.


Property Details

Purchase PriceR 2 800 000

Building Size347 m2

Price Per SQMR 8069 m2

Type of PropertyRetail

ZoningRetail

Last Updated15 Jul 2019

Property Location


AddressAstley Road, Mowbray, Southern Suburbs, Western Cape, South Africa

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Property Location


Agent

Simon Solomon

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