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R 10 400 000

Commercial Property for Sale in Somerset West Central

4 Fagan Street, Somerset West Central, Somerset West

716 m²

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Commercial Property

Commercial Property for Sale in Somerset West Central

This income-generating commercial building presents an excellent investment opportunity.

The property consists of six sectional title units, all fully tenanted, generating a stable rental income. Additionally, it offers 29 dedicated parking bays.

Zoning: General Business Zone 4 (GB4)

Please note that the listed price excludes VAT. The building is registered under a company name, and purchasing the company is an option. A detailed summary of income and expenses is available to qualified buyers upon request.

Total Sectional Title Size: 716m and sup2;, divided as follows:

Unit 1: 169m and sup2;Unit 2: 329m and sup2;Unit 3: 54m and sup2;Unit 4: 54m and sup2;Unit 5: 54m and sup2;Unit 6: 56m and sup2;

Listing number: P24-114997987, Image number: 1

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Property Overview

Listing Number

114997987

Type of Property

Commercial Property

Street Address

4 Fagan Street, Somerset West Central

Listing Date

30 September 2024

Erf Size

1 939 m²

Floor Size

716 m²

Rates and Taxes

R 6 026

Points of Interest

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