R9 799 998 | 390 m2 @ R25128 per m2
View more unitsAn Investment opportunity such as this comes once in a very long time and will no doubtingly be snapped up in the next couple weeks.
This newly renovated Freestanding establishment boasts 400sqm of usable space, split between 2 floors, 200sqm each.
This investment opportunity lends itself easiest to an owner occupier, however finding a solid tenant for a space boasting as much as this does won't be difficult at all.
The owner can expect a rental income of atleast R170/sqm, guaranteeing an income stream of no less than R70 000.00 net rental per month from this investment opportunity.
This building has been fully tiled on both floors, receives a gorgeous portion of skylight on the first floor, is fitted with two set of toilets on the ground and first floor and boasts 2 kitchens, one on each floor.
Contact me for rates, levies, to book a viewing or to find out about other freestanding buildings offering a great yield within Cape Town City Bowl.
Note: This space is also available to let at R70 000.00 pm from the current owner.
Rental agreement with offer of first refusal is an option.
Internet
Security
Wheelchair Friendly
Water Backup
Natural Ventilation
Balcony