Commercial - Mixed Use for sale in Parkwood, Cape Town

R4,500,000
  1. 1954m²
  2. Web Ref: 898743

Property Features

ERF Size 1954m²
Building Size 1000m²

Commercial Mix use for Sale

An Investors Dream
Commercial property for Sale @ R 4 500 000.00 ex vat
Erf size 1954m2.
Currently consist of three retail outlets and six flats
All fully tenanted, with a rental income of R 37 550 per month
Good yield of about 10%
Plans submitted (not yet approved) for an additional 16 flats
Located in a quiet street in Montague’s Gift, Parkwood, with a school and church as neighbours
Zoned GB1
All water and electricity prepaid

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