PRIME COMMERCIAL PROPERTY FOR SALE – LENASIA EXTENSION 1 CBD
Asking Price: R8,900,000
A fantastic investment opportunity in a prime location in Lenasia Extension 1 CBD.
This well-positioned commercial property comprises 8 fully let shops, offering an immediate rental income stream and strong investment potential.
Property Features
8 commercial shops
7 shops downstairs
1 shop upstairs
All shops fully let
Separate electricity metres for each shop
Building borehole with metre
Ample on-site parking
Prime CBD location with excellent visibility and accessibility
Established rental income from existing tenants
Rental Income
Monthly Rental Income: R76,450
Annual Rental Income: R917,400
At the asking price of R8.9 million, the property offers an attractive gross rental yield of approximately 10.31%, before operating expenses and other ownership costs.
Why Invest?
This is an excellent opportunity for an investor looking for a fully occupied commercial property with established rental income in a busy and sought-after business location.
R8,900,000 – Serious buyers and investors are invited to enquire.