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POA

Commercial Property On Auction in Strandfontein

6 Church Way, Strandfontein Village, Cape Town, 7798, Strandfontein, Mitchells Plain

194 m²

AUCTION

Contact Broker

Tom King

Show Contact Number

Auction: 6 Church Way, Strandfontein Village, Cape Town, 7798

This fully tenanted commercial property offers a fantastic investment opportunity with a Gross Annual Income (GAI) of R313,500 per annum. Located on Church Street, the property is strategically positioned close to Spine Road, ensuring excellent accessibility and visibility for tenants. With long-standing tenants in place, you can expect consistent rental income with minimal risk. The leases are secure, with over two years remaining before expiration, providing a stable and reliable source of cash flow for the foreseeable future.

The property’s location in a high-traffic area enhances its appeal to businesses, making it a prime spot for ongoing commercial success. The existing tenants have been in place for several years, underscoring the stability and desirability of the location. This presents a solid opportunity for investors looking to expand their portfolio with...