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Commercial Building - National Tenant For Sale

George, Western Cape, South Africa
Asking Price:
R19,995,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

About this Property: This property perfectly located with high traffic and super visibility and ample parking. The Bulk of this property exceeds 9500sqm

History: Currently this property is partially tenanted with regular income stream. Due to the size of the land and its brilliant location, this property offers the new owner various options to expand and extend on the current structure, subsequently increasing rental yield.

Zoning: Business Zone I

Scalability: This property offers a multitude of options due to the location. Possibility to extend with apartments can be explored (applications would have to be submitted to the municipality) and could prove lucrative due the shortage of accommodation in the area.

Create a multi-level business premises to accommodate Call Centres and other A-grade tenants.

Figures: Rent roll available on request.

Reason for Selling: Owner restructuring property portfolio.

Property Information

Real Estate:

Real Property Included

Location:

Perfect - High traffic & super visibility