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Anchor Tenant With 10.5% Yield
updated on Apr 30, 2025
R 11 000 000

WEB REF: 732447

 
  • Price R 11 000 000
  • LocationParow, Ravensmead
  • Property TypeCommercial - Retail
  • Erf Size4981.0000 m2
  • Rates & Taxes R 10211.00
  • Monthly Levy R 0.00
Description

Accepting Offers. DESCRIPTION: This prime commercial property is situated in a popular and sought after Ravensmead in Parow and spreads over two erven boasting 4981m². Situated on a bust corner with lots of traffic and fully tenanted with Shoprite Usave as an anchor tenant makes this property a perfect investment. • Income - ±R125 519.33 pm incl vat or ±R1 506 231.96 pa incl vat • Vat entity - Can zero rate the transaction • One shop vacant - 100m² - potential rental ±R8 000 pm • All tenants have pre-paid water • All tenants have pre-paid electricity • Shoprite Usave as anchor tenant • 9 Other tenants DETAILS: • Erf size: 4981m² • Zoning: Local Business 2 DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.

Additional Features
      Property Address

      Ravensmead, Parow, Western Cape

      Contact Agent(s)

      eMail Agent(s)