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1,450m² Building For Sale in Newcastle Central

R7,900,000

Web Ref No CL84

Commercial Building for Sale

Looking for an Investor!
Good anchor tenant!

This property is in very good condition, centrally situated in one of the main streets, with a public parking lot at its doorstep.

It currently consists of 5 shops, each with its own kitchen and bathroom.

Rental income from 3 shops is currently +- R54 000 p.m.

Sizes: Shop 1 - 397.5 sqm, Shop 2 - 397.5 sqm, Shop 3 - 180.71 sqm, Shop 4 - 172.14 sqm, Shop 5 - 304.76 sqm.
Potential monthly rental income of +- R80 000 - R100 000.

Serious buyers are welcome to make a reasonable offer.
Kindly call me for more details.

Features

Zoning Commercial
Monthly Rates R14,000.00pm Excl. VAT
Floor Size 1,450m²
Land Size 1,628m²
Security Yes

Broker Contact Details

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