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480m² Retail For Sale in Regents Park

R1,490,000

15 James Street
Web Ref No CL1344

Going on Auction in Regents Park!

This commercial asset is very well-located!
Situated on the Corner of August Rd & James Street, Regents Park.

Easy access from North Rd and Diagonal Rd and nestled by a residential node.


Currently tenanted by:

- Liquor Shop

- Supermarket

- Church

- Residential Tenant

Currently Gross Income R33.735.97p/m

A transaction is feasible at a yield of 17%+ p/a

The face-brick building is typically Cash 'n Carry style, with flat aluminium roofing.

Box-shaped building, ideal for traders.

A steady passive income and a solid tenant mix make this property attractive at the correct price level!

Full details available in the bidder’s pack.

Features

Zoning Mixed Use
Monthly Rates R2,604.00pm Excl. VAT
Floor Size 480m²
Land Size 497m²

Downloads

Bidder's Info Pack - 15 James St, Regents Park.pdf   0 bytes

Broker Contact Details

Michael Ilunga
Head Office

Cell 078 036 9615
Office (011) 7310300
WhatsApp Me
Michael Ilunga
Head Office

Cell 078 036 9615
Office (011) 7310300
WhatsApp Me

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