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Description

VERY LONGTERM TENANTED COMMERCIAL BUILDING IN MAIN ROAD OF BENONI CBD.   THIS Business Premises consists of 3 Shop with Shop Fronts and a reasonably sized YARD at the rear.  Huge PASSING TRADE to benefit from.

   The PRICE is relatively NEGOTIABLE as the owner is retiring from business.

The Rental Income is fair yielding a Return on Investment around 15%.  The Building would benefit from a basic refurbishment to attract a higher Rental Income resulting in an appreciable, beneficial yield.

Price Ex VAT – where applicable, VAT can be claimed backed or Zero rated. This Transaction can potentially be ZERO VAT RATED with proper financial and legal structuring.

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Details

Updated on June 23, 2021 at 2:28 pm

  • Reference #: 1302973
  • Price: R2,900,000
  • Suburb / Town: Benoni
  • Property Type: Business
  • Building Size: 595.0 ㎡
  • Rates & Taxes: R 1700

Additional Features

  • Mandate Price:total gross price
  • Floors:1

    Address

    71 Princess Avenue

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