select area
Property Summary
- Title:Fully let commercial property for sale
- Ref no:sky120
- Province:Gauteng
- Type:Commercial
- Area:Kramerville
- Price:R33,000,000
Property Images
|
|
|
|
Property Details
| GLA (gross lettable area) (m2) | : 5,940 |
| Gross Rental Income (R) (p.m) | : 383,000.00 |
| Listing Date | : 2 Sep, 2010 |
| Zoning | : Commercial |
Property Information
5,940m2 Fully let Offices/Retail/Industrial in Kramerville
Property Information:
- GLA - 5,940m2
- Property comprises of offices; retail; industrial and storage
- Multi-tenanted property - 8 tenants
- Leases till end 2011 and 2012
Income and Expenses:
- Gross monthly income - R383,000
- Monthly expenses -R110,000
- Total forward annual NET income - R3,533,941
* full rentroll available on request for qualified buyers
Macro-area Analysis:
Kramerville is located off the N1 highway at the Marlborough off-ramp. Kramerville is well known as the "design district" with many large upmarket furniture outlets including the likes of Wethereleys and Osiers. The area is made up predominantly of commercial, industrial and retail properties and demand in the area is extremely high with very little available to sale.
 |
 |
 |
