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R 6 995 000

Commercial Property for Sale in Nelspruit Central

Nelspruit Central, Nelspruit

Contact broker for street address

1 100 m²

Contact Broker

Deborah Hughes

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FOR SALE Prime 1150 sqm Building CBD Nelspruit

Property Details:

Type: Prime 1150 building comprising of retail shops and offices.

Location: Well-positioned close to the main Central Business District (CBD).

Structure: The building consists of two levels. The first level offers retail shops, and the second level houses offices.

Maintenance: The building is well-maintained, and both the shop and office floors are tiled.

Accessibility: Convenient location for those relying on public transport.

Occupancy and Income:

Current Occupancy: The building is currently at 80% occupancy, indicating strong demand.

Annual Income: The property generates an annual income of R905,934.00.

Investment Metrics:

Yield: Based on the asking price, the building is expected to yield a 12% nett return. This suggests a potentially attractive return on investment for buyers.

VAT: VAT is not included in the asking price and will be payable...

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Property Overview

Listing Number

113365823

Type of Property

Commercial Property

Listing Date

25 September 2023

Erf Size

1 150 m²

Floor Size

1100 m²

Points of Interest

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