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Commercial - Retail for Sale in Woodmead

Prime Fully Let Shopping Centre With Great Returns & Solid Tenants
updated on Jan 15, 2024
R 58 000 000

WEB REF: 605141

 
  • Price R 58 000 000
  • LocationSandton, Woodmead
  • Property TypeCommercial - Retail
  • Erf Size12718.0000 m2
  • Rates & Taxes R 0.00
  • Monthly Levy R 0.00
Description

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 transaction - can zero rate it. DETAILS: • Erf no: 831 • Erf size: 12718m²

Additional Features
      Property Address

      147 Western Service Road Woodmead Sandton

      Contact Agent(s)
      Josh Raisun
      Josh Raisun
      Cell: 078 888 9534
      Email: josh@claremart.com
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