R 22 999 000 | business property for sale in strand north

Commercial and Residential. This 1 613 square meter property with six retail units and six residential units plus garages and storerooms, as well as 27 open parking bays in the heart of the ever so popular Strand North. It is a once in a lifetime investment opportunity. The building compromises of retail units in total 891.5 squares with OK as the main tenant in the building with a five-year lease agreement. The units range from 75 sqm to 400 sqm in total. The residential units range from a 1-bedroom apartment of 33sqm, four two-bedroom apartments of 85sqm each and a one three-bedroom apartment of 142sqm, the garages and storerooms are 722sqm making the total under roof space 1613.5 sqm. In total a very good rental income generated from the building. Solar power on the roof providing power to the OK. Visit our Jawitz webpage for more exciting properties on offer.