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R 19 500 000

Commercial Property for Sale in Verulam Central

Verulam Central, Verulam
  • Erf Size 1 839 m²
    • m²: 1 839 m²
    • Hectares: 0.184 ha
    • Acres: 0.454 acres
For Sale Multi Tenanted Building in Verulam – R19 500 000.

Prime investment opportunity in Verulam! This fully tenanted 3-storey building boasts two major Banks as anchor tenants, ensuring a steady income stream. With a gross lettable area of 2,123sqm and long-standing tenants, this property offers stability and potential for growth. Situated on a 1,839sqm land, the building yields over 9% pa in rental income. Although requiring repairs, the asking price of R19.5m is negotiable. Serious buyers can access the tenant schedule for further evaluation. Don't miss out on this lucrative investment prospect!

Prime investment opportunity in Verulam! This fully tenanted 3-storey building boasts two major Banks as anchor tenants, ensuring a steady income stream. With a gross lettable area of 2,123sqm and long-standing tenants, this property offers stability and potential for growth. Situated on a 1,839sqm land, the building yields over 9% pa in rental income. Although requiring repairs, the asking price of R19.5m is negotiable. Serious buyers can access the tenant schedule for further evaluation. Don't miss out on this lucrative investment prospect!

Listing number: P24-114246090, Image number: 1
Listing number: P24-114246090, Image number: 2
Listing number: P24-114246090, Image number: 3
Listing number: P24-114246090, Image number: 4
Listing number: P24-114246090, Image number: 5
Listing number: P24-114246090, Image number: 6
Listing number: P24-114246090, Image number: 7
Listing number: P24-114246090, Image number: 8
Listing number: P24-114246090, Image number: 9
Property Overview
Listing Number
114246090
Type of Property
Commercial Property
Listing Date
09 April 2024
Erf Size
1 839 m²
Rates and Taxes
R 23 814
Zoning
General Business
Security
Security including security gates
Special Features
2
Special Features 1
Face brick walls
Special Features 2
Aluminium windows
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