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Commercial - Commercial Property for sale in Grabouw

R1,750,000
  1. 620m²
  2. 6
  3. 4
  4. Web Ref: 1005781

Property Features

ERF Size 620 m²
Building Size 782m²

Interior Features

6 Bedrooms
4 Bathrooms

Exterior Features

4 Parking Spaces

FOR SALE: INVESTMENT PROPERTY – GRABOUW CENTRAL: R 2 150 000

This fully-let double storey building consists of four residential apartments and a large ground floor storage area which has been rented by a large national company for the last 30 odd years as a storage space.
The market in general has shown good growth for lettable space over the past 2 years and only a few vacancies were noted in the major advertising portals.
Amenities are situated in close proximity and includes the Central Business District, shopping centres, schools and churches.

Salient Features:
* Erf Size – 620 m²
* GLA – 391 m²
* Detached Store – 8 m²
* 2 X 2 Bedroom Apartments - 78 m²
* 2 X 1 Bedroom Apartments - 36 m²
* Storage Unit – 155 m²
* Parking – Off Street
* Rental Yield – 14.1%

Contact the broker

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*based on purchase price at Prime over 20 years

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