R 90 000 000 | warehouse property for sale in red hill

Property Description

This fully let retail centre on prime North Coast Road is up for sale, offering 37 units that range from 250 sqm to 400 sqm, with a total size of 9646 sqm. Each unit comes with dedicated parking bays and prepaid meters, ensuring convenience for tenants and efficient management. The centre generates a substantial net income of R660,000, making it an attractive investment opportunity. With its prime location and well-equipped units, this retail center has great potential for both immediate returns and long-term growth.


Property Details

Purchase Price R 90 000 000

Building Size9646 m2

Price Per SQMR 9330 m2

Type of PropertyWarehouse

ZoningCommercial

Last Updated01 May 2024

Property Location

Similar Property in nearby suburbs

Agent

Courtney Braybrooke

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