NO TRANSFER DUTY
2,174m² Retail For Sale in Pretoria North
R14,000,000
Web Ref
RNC1104
Monthly Rates
R17,090
Excellent Investment Opportunity In Retail Center and Office Building - Rental Yield: 11.6%
This property offers Tenanted Retail Space and also hosts Offices on the first floor.
-All figures below exclude VAT:
With a Netto Monthly Income: R 135 294
Netto Annual Income: R 1 623 528
and Sales Price: R14 000 000
Rental Yield: 11.6%
Costs and Income as received from Landlord as Follows:
Monthly Income R 139 780 (Excluding R&T and Utilities)
Insurance and Sasria: R 2 986 (insured for R32 125 500)
Maintenance: R1 500/month in-house (R18 000/annum)
Rates and Taxes: By Tenants R17 090
Electricity: By Tenants R29 950
Water: By Tenants R9 895
Sanitation: By Tenants R2 252
-All figures below exclude VAT:
With a Netto Monthly Income: R 135 294
Netto Annual Income: R 1 623 528
and Sales Price: R14 000 000
Rental Yield: 11.6%
Costs and Income as received from Landlord as Follows:
Monthly Income R 139 780 (Excluding R&T and Utilities)
Insurance and Sasria: R 2 986 (insured for R32 125 500)
Maintenance: R1 500/month in-house (R18 000/annum)
Rates and Taxes: By Tenants R17 090
Electricity: By Tenants R29 950
Water: By Tenants R9 895
Sanitation: By Tenants R2 252
Features
Zoning
Mixed Use
Title
Freehold
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
2,174m²
Land Size
2,552m²
Dwayne Olivier
TEAM JOOP - Candidate Property Practitioner Registered with PPRA(FFC 202401071767398)
Cell 082 394 7290
Office 087 655 8000
Joop Coetzee
TEAM LEADER - Sales Executive Registered with PPRA(FFC 2023219076)
Cell 083 442 5037
Office 087 655 8000
