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Property Summary

  • Title:
    Investment property for sale in Cape Town
  • Ref no:
    sky162
  • Province:
    Western Cape
  • Type:
    Commercial
  • Area:
    Goodwood
  • Price:
    R3,500,000

Property Images

Property Details

Stand Size (m²): 1,187
Gross Rental Income (R) (p.m): 34,450.00
Listing Date: 4 Aug, 2011
Zoning: Commercial

Property Information

 Investment property for sale in Cape Town

 This fantastic investment opportunity is located in Goodwood - Cape Town.

 The property is postioned on 1,187sqm of prime commercial ground.

Property Specifics:

 4 tenants:

  • Warehouse - Yves steelworks - 1 year lease (signed 2 months ago) R8550.00 p/m

  • Terminus café - 1 year left with 2 years option. (renting since 1998) - R14000 p/m

  • Ministry – 1 year left with option - R3000 p/m

  • Clinic - year to year (have been doing so since 1998) - R8900 p/m

Gross Income - R34,450p.m or R413,400p.a

Expenses - Rates@ 1,900p.m

ROI - 11.6%

For more information on the property please contact:

  • Aaron Benatar - 072 657 5477
To:
Elan-0829457499