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 4 700 000

Commercial Property for Sale in Strandfontein

Strandfontein, Mitchells Plain

Contact broker for street address

605 m²

Contact Broker

Glenn Marshall

Show Contact Number

Investment Property for Sale on Dennegeur Avenue

Located on the busy Dennegeur Avenue in the business hub of Strandfontein, this property offers:

• A 576m2 erf with 605 m2 under-roof

• Dedicated parking bays directly in front of the property.

• Easy access from the road.

• Loading bay with truck access roller shutter door for deliveries.

• Large open work area with separate managers offices

• Huge marketing and branding opportunities.

• Next to a popular food store and close to various take-aways and other businesses.

Currently tenanted by the South African Post Office as a mail depot with a solid lease in place and an above average rental income.

Competitively priced at R 4,7 million (ex-vat) with a 11% yield and the possibility to zero VAT the transaction.

Additional information available to serious buyers.

Viewing by appointment only.

Listing number: P24-114259693, Image number: 1

Listing number: P24-114259693, Image number: 2

Listing number: P24-114259693, Image number: 3

Listing number: P24-114259693, Image number: 4

Listing number: P24-114259693, Image number: 5

Listing number: P24-114259693, Image number: 6

Listing number: P24-114259693, Image number: 7

Listing number: P24-114259693, Image number: 8

Listing number: P24-114259693, Image number: 9

Property Overview

Listing Number

114259693

Type of Property

Commercial Property

Listing Date

11 April 2024

Erf Size

576 m²

Floor Size

605 m²

Rates and Taxes

R 2 300

Points of Interest

Bond Calculator

*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.