Property features

R2 300 000

Property Details

Fully Tenanted Investment Property For Sale – Canon Hill, Kariega An excellent investment opportunity! This fully let building in Canon Hill, Kariega offers a diverse tenant mix and solid rental income, ideal for investors seeking immediate returns. Property Breakdown: Section 1:541m² (including upstairs 422.5m²) – currently a playschool and a ground-floor building supplies shop Corner Shop:118.5m² retail unit Section 2:84m² retail shop Section 3:80m² retail shop + 70m² tyre shop Section 4:70m² retail shop Key Features: Fully tenanted with established businesses Strong income-producing asset Prime corner positioning with great visibility Solid construction with a mix of retail, education, and trade tenants Easy access to major routes in Kariega Investment Highlights: Asking Price: R2,300,000 Net Annual Income: R284,280 Attractive Cap Rate: 12.36% Don't miss out on this solid investment opportunity! Contact me for more information.