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Description

Prime Commercial Property in Ashton

Perfectly situated in the heart of Ashton, this low-maintenance face brick commercial property is tailored to meet the needs of the local community.

Key Features

Seven Shops

Varying in size, these units can collectively generate an impressive monthly income.

Recently a bottlestore was added to the tenants.

Possibillity is great for the ATM machine space to be filled as well.  Containers can also be put up on the street side of these premises for additional rental income of approximately R10 000 per month.

Ample Parking

Convenient drive-through access for deliveries, ensuring ease of operations for all tenants.

Fully Equipped

Each shop comes with its own toilet and basin, alarm system, and pay-as-you-go electricity.

Leases in Place

 All leases will be established within the next two months, ensuring a steady income stream.

Expansion Potential

Additional space and zoning available for increased coverage.

This is a rare opportunity to invest in a property with significant income potential. A must-see to truly appreciate its value!

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Details

Updated on April 22, 2025 at 3:27 pm

  • Reference #: 1353063
  • Price: R4,900,000
  • Suburb / Town: Ashton
  • Property Type: Retail
  • Building Size: 540.0 ㎡
  • Stand Size: 2416.0 m²
  • Rates & Taxes: R 2000

Additional Features

  • Parking Open Size:500m²
  • Operational Cost:4 000.00
  • Nett Cost:4 000.00
  • Mandate Price:total gross price
  • Floors:1
  • Coverage:100 percent
  • FAR:TO BE ADVISED
  • Lease Escalation %:10
  • Lease Period:TWO TO FIVE YEARS
  • Deposit Requirements:DEPOSITS ARE BEING HELD BY THE DEVELOPER

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