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R 58 000 000

Commercial Property for Sale in Woodmead

147 Western Service Road, Woodmead, Sandton

12 718 m²
- m²: 12 718 m²
- Hectares: 1.272 ha
- Acres: 3.143 acres

Contact Broker

Josh Raisun

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Prime Fully Let Shopping Centre With Great Returns & Solid Tenants

DESCRIPTION:

Situated in sought-after Woodmead with easy access to all major motorways, makes this 18-tenanted centre very convenient to shop at with ample parking and security. The centre offers doctors rooms, dentist, pharmacy, Postnet, restaurants and many more. Can supply latest income and expenses with potential investors.

• Fully tenanted

• 18 tenants

• R545 373.00 plus VAT nett monthly income

• R6 544 476.00 plus VAT nett annual income

• 11% Yield

• Ample parking for shoppers

• Ample covered parking for tenants

• All tenants are secure and paid through "Covid" times

• Easy access in & out of the centre

• Security

• Public male & female toilets

• Great looking centre

• Face brick - low maintenance

• VAT...

Listing number: P24-111974290, Image number: 1

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Listing number: P24-111974290, Image number: 5

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Property Overview

Listing Number

111974290

Type of Property

Commercial Property

Street Address

147 Western Service Road, Woodmead

Listing Date

01 November 2022

Erf Size

12 718 m²

Points of Interest

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