2,174m² Retail For Sale in Pretoria North

R14,000,000

Web Ref No RNC1104

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

Features

Zoning Mixed Use
Monthly Rates R17,090.00pm Excl. VAT
Floor Size 2,174m²
Land Size 2,552m²
Air Conditioning Yes

Broker Contact Details

Dwayne Olivier
RealNet RainMaker AGRI - Farms & Smallholdings

Cell 082 394 7290
Office (087) 6558000
WhatsApp Me

Joop Coetzee
RealNet RainMaker AGRI - Farms & Smallholdings

Cell 083 442 5037
Office (087) 6558000
WhatsApp Me

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