Retail for sale in Oakdale, Bellville
Web Ref: 1000951
Building For Sale
The property is zoned for retail with a lease in place of a very strong national tenant.
The double storey building is situated towards the top end of Northumberland Street with a high visibility and space for sufficient signage and exposure with allocated parking bays for clients.
At the asking price of R7 500 000, the property renders an investment return of just over 8%.
The owner is VAT registered and as it is being sold as an income generating going concern, the transaction can be 0-rated, with no transfer duties.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.