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POA

Commercial Property for Sale in Somerset West Central

Somerset West Central, Somerset West

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972 m²
- m²: 972 m²
- Hectares: 0.097 ha
- Acres: 0.24 acres

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Patricia Rodwell

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Prime Investment opportunity - Fully tenanted comercial property

Location, Income, and Security – A Winning Trio! This commercial property offers secure, long-term rental income with two established tenants:

• Main Building (296 sqm): Home to "Waar Drome Begin", a well-loved school generating a stable rental income. Includes a paved courtyard doubling as a safe, child-friendly playground.

• Rear Premises (80 sqm): Occupied by P & G Fabrics, a trusted tenant in the retail space. Financial Highlights:

• Annual Rental Income: R720,000

• Annual Expenses: R50,000

• Net Income: R670,000 per year!

Key Features:

• Prime Location: High visibility and easy access.

• Modern Amenities: Fibre-ready for seamless connectivity.

• Backup Generator: Uninterrupted operations for tenants.

• Customer Parking: Ample and convenient for all visitors.