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Prime Fully Tenanted Investment with Great Yield
updated on Dec 08, 2023

WEB REF: 705316

  • Price POA
  • LocationCape Town, Cape Town City Centre
  • Property TypeCommercial - Retail
  • Erf Size142.0000 m2
  • Rates & Taxes R 10026.00
  • Monthly Levy R 0.00

Accepting Offers Description: This prime fully tenanted investment property is situated in the heart of Cape Town hub and has so much to offer for any investor. Fully let with great income makes this property a prime investment. Long Street in Cape Town is known for the night life, coffee shops, restaurants and the city buzz. TOTAL INCOME - R1,224,916.00 PA TENANT 1: • Lease until 31/08/2028 • Rental R33,390.00 p.m. TENANT 2: • Lease until 31/01/2025 • Rental R26,660.00 p.m. TENANT 3: • Lease until 31/05/2028 • Rental R37,975.00 p.m. ADDITIONAL INFORMATION: Each floor has pre-paid electricity Each floor has pre - paid water Rates are fully recoverable - paid pro- rata by tenants • Gross lettable area - 488m² (3 floors) • Zoning - General Business 6 • Total site bulk - 841m² • Bulk available - 395m² • VAT entity Details: • Erf no: 4027 • Erf size: 142m²

Additional Features
      Property Address

      273 Long Street Cape Town City Centre Cape Town

      Contact Agent(s)

      eMail Agent(s)