1,177m² Business For Sale in Kimberley Central
Investment property for sale in George Street.
This multi tenanted property can be the ideal addition to your portfolio.
Situated in the bustling area of George Street opposite Vermeulens and close to the CBD you will always have rental inquiries for this building.
The property is well maintained, secured and has excellent visibility. There is also high vehicle and foot traffic.
The property consists of 2 buildings with a combined gross lettable area of 1177m² with retail outlets on the ground floor and offices on the 1st floor. There are 5 separate rental premises within the buildings of which 3 are leased to National Tenants and 1 government department. Most of these tenants have been renting for between 10 and 20 years. The vacant space is used by the landlord as an office for the supervisor.
Your vacancy risk is substantially lower on this property given that there are multiple tenants.
The property currently generates R90 566.00 excluding VAT monthly and water and electricity are billed back to the tenants. This property will deliver a good return on investment for any buyer.
This is a great opportunity for a serious investor.
This multi tenanted property can be the ideal addition to your portfolio.
Situated in the bustling area of George Street opposite Vermeulens and close to the CBD you will always have rental inquiries for this building.
The property is well maintained, secured and has excellent visibility. There is also high vehicle and foot traffic.
The property consists of 2 buildings with a combined gross lettable area of 1177m² with retail outlets on the ground floor and offices on the 1st floor. There are 5 separate rental premises within the buildings of which 3 are leased to National Tenants and 1 government department. Most of these tenants have been renting for between 10 and 20 years. The vacant space is used by the landlord as an office for the supervisor.
Your vacancy risk is substantially lower on this property given that there are multiple tenants.
The property currently generates R90 566.00 excluding VAT monthly and water and electricity are billed back to the tenants. This property will deliver a good return on investment for any buyer.
This is a great opportunity for a serious investor.
Monthly Rates
R16,980
Features
Zoning
Interior
Sizes
Parking Bays
Additional Amenities
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
