Property features

R4 800 000

Property Details

Location: The property enjoys prime main road location with high visibility to passing traffic. The fully glassed 470 sqm retail shop with fully glassed frontage offers excellent visibility of exposure and footfall. The glassed frontage is attractive for showcasing products and the natural light enhances the ambiance to maximizes exposure for retail businesses. There is a 450 sqm basement .The stand size is 1200 sqm Size and Layout: The generous size of the property, featuring 470 rental shop spaces along with 450 basement spaces. This offers flexibility for various purposes and types of tenants or businesses. This space is currently occupied by a church providing rental income. Accessibility: The access to the basement from the back of the building, with dedicated parking. This separate entrance setup is ideal for businesses requiring storage or additional space and secure accessibility to parking. The property is well-maintained, which adds value and reduces future upkeep costs as well as reducing any immediate outlay into repairs and maintenance. The interior of the retail shop is fully tiled with quality stylish Italian tiles Rental Income: There is potential to increase the R.O.I The price exclude VAT should VAT be applicable.