Commercial Property for sale in Grabouw
Web Ref: 1005781
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.
* 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%
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.