Commercial - Retail for sale in Oakdale, Bellville

R7,500,000
  1. 549m²
  2. Web Ref: 1000951

Property Features

ERF Size 549 m²
Building Size 600m²

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.

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