Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
R 10 000 000

Commercial Property for Sale in Del Judor Ext 1

Del Judor Ext 1, Witbank
  • Erf Size 3 121 m²
    • m²: 3 121 m²
    • Hectares: 0.312 ha
    • Acres: 0.771 acres

A grand shopping center in Witbank promising investment a great opportunity, with its 18 shops tenanted on medium to long terms, is highlighted by its occupancy rate and potential for expansion, significantly reduced risk of vacancy, and ensuring a steady income stream. The shopping center's location is strategic, serving the growing Del Judor residential area and beyond, being on a busy street. This suggests a steady customer base and demand for retail space.

The property is zoned as business 3, allowing for potential expansion or conversion into office space. This flexibility can increase rental income over time. The lease agreements, invoices, and financial statements will be provided upon request, crucial proof to assess the financial health and potential of the investment.

The property is sold as a going concern, meaning that VAT is not applicable, which...

A grand shopping center in Witbank promising investment a great opportunity, with its 18 shops tenanted on medium to long terms, is highlighted by its occupancy rate and potential for expansion, significantly reduced risk of vacancy, and ensuring a steady income stream. The shopping center's location is strategic, serving the growing Del Judor residential area and beyond, being on a busy street. This suggests a steady customer base and demand for retail space.

The property is zoned as business 3, allowing for potential expansion or conversion into office space. This flexibility can increase rental income over time. The lease agreements, invoices, and financial statements will be provided upon request, crucial proof to assess the financial health and potential of the investment.

The property is sold as a going concern, meaning that VAT is not applicable, which is advantageous depending on your tax situation. Let us schedule a viewing of this property pronto and enjoy the steady cash flow and growth opportunities presented by this shopping center in Witbank.

Listing number: P24-114565455, Image number: 1
Listing number: P24-114565455, Image number: 2
Listing number: P24-114565455, Image number: 3
Listing number: P24-114565455, Image number: 4
Listing number: P24-114565455, Image number: 5
Listing number: P24-114565455, Image number: 6
Listing number: P24-114565455, Image number: 7
Listing number: P24-114565455, Image number: 8
Listing number: P24-114565455, Image number: 9
Property Overview
Listing Number
114565455
Type of Property
Commercial Property
Description
Retail
Listing Date
21 June 2024
Erf Size
3 121 m²
Parking
On street parking
Loading Loading

Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
Loading Loading

Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

Share

PrintPrint
Brochure
Loading