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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