Discover an exceptional investment opportunity in the heart of Somerset West. This well-maintained retail centre presents a lucrative prospect for savvy investors. Fully occupied with a reliable tenant base, this property promises consistent income streams. The following details provide insight into this attractive offering:

Property Features:

• Location: Prime location within Somerset West CBD, ensuring high visibility and accessibility.
• Zoning: Zoned as GB4, accommodating a wide range of commercial activities.
• Units: Comprising six distinct units, this property caters to various businesses.
• Security: Enhanced security measures include electrified palisade fencing and an automated gate for peace of mind.
• Erf Size: A generous land size of 1,936 square meters provides ample space for expansion or adaptation.
• GLA (Gross Lettable Area): The property boasts a substantial GLA of 716 square meters.
• Ablution Facilities: Convenient in-store ablution facilities for tenants and customers.

Financial Considerations:

• Fully Let: All units are currently leased, ensuring a steady rental income from day one.
• Income & Expense Details: Detailed financial information, including rental income and operational expenses, available upon request.
• VAT Benefits: As the units are owned by a single VAT Registered entity, this sale may qualify for zero-rating, benefiting VAT-registered and tax-compliant buyers.

Additional Information:

• Comprehensive documentation, including building plans, zoning certificates, and a tenant schedule, is available upon request.
• This property presents an excellent opportunity for investors seeking a well-established retail center in a strategic location.

For further information and to arrange a viewing of this promising investment, please contact our experienced broker. Don't miss out on the potential of this fully leased retail center in Somerset West CBD.