Commercial - Retail for Sale in Parow Central

Description

Accepting Offers. DESCRIPTION: This prime commercial property is situated in sought after Voortrekker Road Parow with a super location, near shops, restaurants, businesses, shopping centres and other residential accommodation. Property: • Prime property is situated in Parow and has excellent passing trade. • Fantastic investment opportunity and development opportunity. • Exceptional property with so many options. • Prime UDZ development opportunity. • Development - Ideal for retail, warehousing and or residential. • Total 2800 m² lettable area. • Bulk ± 5000 – 5500 m² • Escalation – 8 or 10 % originally • GLA: ±2 800m² Tenant 1: • Back section ± 800m² panel beater • Current rental R 50.000 p.m monthly Tenant 2: • Bar ±400m² • Current rental R 25.000 p.m monthly Tenant 3: • Currently vacant • 1100m² plus 400 m² at the back • Basement – 170 / 180m² DETAILS: • Erf size: 1875m² • Zoning: General Business 4 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.