2,000m² Retail For Sale in Orange Grove, CL34534
JULY AUCTION | Kiskereskedelem | Aukció
Részletek
Retail Opportunity - On Auction - 11 July 2024
The subject property is a three storey commercial property offering multiple leasing spaces.
Only the ground floor is vacant which was tenanted by the major retailer Shoprite a couple of years ago (measuring approximately 1 000m2). This provides for the perfect opportunity for either a business to occupy this prime space or for an investor to take advantage of the rental upside.
The second and third storeys are fully occupied by 3 individual tenants.
The property enjoys dual access points from both Louis Botha Avenue and 2nd Street. The ground floor ideally provides access right onto Louis Botha via a roller shutter door and vehicular access is provided to the two brick paved parking yards from 2nd Street.
Highlight features:
- GBA: +- 2 496m2
- Monthly Rental income: +- R27 826 (ex. VAT)
- Rates: R5 955 p.m.
- 22 Open parking bays
- 4 prepaid meters recently installed
- Generator included
- Goods lift (2 500kg)
- Cold storage rooms
- Parking
- Duel access
- High exposure onto the busy commercial corridor of Louis Botha Avenue
Please contact me for more information.
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