This prime mixed use and fully let property is situated in sought after Fish Hoek and in the hub of the business part of Fish Hoek. Surrounded by all major store like Shoprite, KFC , BP Garage makes this property the perfect choice. Consisting of ground floor retail and 1st & 2nd floor apartments. INCOME - R5 155 260.00 P/A EXCL VAT
IMPORTANT POINTS:
VAT Entity - can be zero rated
Rent roll available - NDA needs to be signed
Expenses available
Ground Floor
1140m2
16 Stores & FNB atm
1 store vacant
PEP as main tenant
Escalation 5% - 8%
Income - R209 457.00 pm ex vat
1st Floor & 2nd Floor
1104m2 & 706m2
Fully tenanted apartments
38 Apartments
8 Apartments have prepaid water & electricity
Income - R220 148.00
Escalation - 8% - 10%
Property Address
Fish Hoek, Fish Hoek, Western Cape