Commercial Property for Sale in Sebenza Gauteng
Commercial Property for Sale in Sebenza Gauteng
Commercial Property for Sale in Sebenza Gauteng
Commercial Property for Sale in Sebenza Gauteng
Commercial Property for Sale in Sebenza Gauteng
Commercial Property for Sale in Sebenza Gauteng
R6 500 000
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Property features

  • R6 500 000
  • Rates 

Property Details

A fully occupied investment property is available for sale, boasting a prime location on a serene street in Sebenza with ample customer parking. The property features multiple tenants, enhancing its investment appeal. Tenant 1, on a one-year lease starting from March 2020, pays a monthly rent of R41,580 with CPI escalation, while Tenant 2, under a three-year lease starting from April 2023, pays R31,000 monthly with CPI escalation. The property offers a total under-roof area of 1,784m² on a spacious ERF of 2,974m², making it an attractive prospect for discerning investors. Monthly expenses include rates at R16,174 and insurance at R4,317. This investment opportunity presents a fully let standalone property in Sebenza, promising steady returns with its diverse tenant portfolio. Situated on a tranquil street, the property boasts generous customer parking, adding to its appeal. Tenant 1, under a one-year lease since March 2020, contributes R41,580 monthly with CPI escalation, while Tenant 2, on a three-year lease commencing April 2023, pays R31,000 monthly with CPI escalation. With a spacious under-roof area of 1,784m² and an expansive ERF of 2,974m², this property offers ample space for various business activities. Monthly expenses, including rates of R16,174 and insurance of R4,317, ensure smooth operations and sustained profitability for potential investors.

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