Compare Listings

Description

NOW REDUCED! COMMERCIAL PROPERTY  WITH EXCELLENT RETURNS – Business Premises consisting of 2 separate Erven and comprising 3 separate Shops – ALL FULLY LET!  .Very Long-standing Businesses have been operating from these premises for decades and have benefitted from being on one of Benoni CBD's busiest roads and entry points…

Ideally Located for Marketing exposure as the properties are situated among renovated and upmarket Automotive Dealers and the road is known as an up-and-coming Executive Car Dealership Strip. .Many name-brands are situated as neighbours along Ampthill Avenue.  .This property is being sold at a considerable lower price compared to the 2019 market prices currently paid for neighbourhood properties.

While the Investment can continue to realise it's Good Rental Returns (ROI) it will become an even more valuable and sought after property soon due to the demand for Dealership space.

The individual shops are configured to suit existing Tenants, with a wide variety of Office / Workspace component ratios.

The Automotive Engineering Works has mostly Workspace with a small office component and a Reception area.

The Upholstery Business is similar in ratio while the Bearing Business has vast Stores with about 7 separate offices and a neat Reception / Counter Service Area.

The structure is sound with a concrete roof / floor above which is covered with an iron sheeting roof. This roof structure can be repurposed if an additional floor if constructed to facilitate further lettable space – the staircase is already constructed.

A good Investment ….. in a good area …… at a good Price! 

PRICE EXCLUDES VAT

Read More

Details

Updated on February 6, 2025 at 1:42 pm

  • Reference #: 1298248
  • Price: R3,799,000
  • Suburb / Town: Benoni
  • Property Type: Business
  • Building Size: 1100.0 ㎡
  • Stand Size: 1200.0 ㎡
  • Rates & Taxes: R 9000

Additional Features

  • Mandate Price:total gross price

    Address

    12 Ampthill Avenue

    Need a Bond?

    R
    R
    %
    Years
    Total you will repay
    0
    Deposit
    0
    Total Interest
    0
    Per Installment
    0
    Loan Payment (R):
    0
    Interest Rate (%):
    0
    Period in Years :
    0
    * The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.