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Fully Tenanted AAA Tenants Industrial Building With 10% Cap Rate
updated on Jan 20, 2025
R 21 000 000

WEB REF: 715884

 
  • Price R 21 000 000
  • LocationSomerset West, Somerset West Business Park
  • Property TypeCommercial - Retail
  • Erf Size2404.0000 m2
  • Rates & Taxes R 0.00
  • Monthly Levy R 0.00
Description

Accepting Offers. DESCRIPTION: This prime commercial property, situated in Somerset West, is fully tenanted offering immediate return on investment. The property includes rentable property across 10 units, as well as ample parking. Located with maximum exposure, this is an investment that you do not want to miss out on. • AAA Tenants • 10,5 % cap rate • Vat Entity - Zero Rate Transaction • Tenants pay electricity, levy, water and sewerage • Ample parking around the building. • Zoning GB1 DETAILS: • Erf size: 2404m² DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Seller of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.

Additional Features
      Property Address

      Somerset West Business Park, Somerset West, Western Cape

      Contact Agent(s)

      eMail Agent(s)