About this Commercial Property: Prime location on main road in CBD right in the hustle and bustle.
History: Running successfully and profitably with stable high-end tenant profile – 6 nationals.
Tenants: Most rent roll income from nationals with secure lease agreements.
Figures: Annual revenue circa R5mi0, delivering net earnings around R3,7mio (EBITDA)
Selling Price: R33mio (0% VAT as going concern)
Current Yield: 11.26% (First year)
