select area
Property Summary
- Title:Landmark Commercial Property for Sale
- Ref no:sky158
- Province:Gauteng
- Type:Commercial
- Area:Johannesburg
- Price:R17,000,000
Property Images
|
|
|
|
Property Details
| GLA (gross lettable area) (m2) | : 1,072 |
| Stand Size (m²) | : 2,719 |
| Gross Rental Income (R) (p.m) | : 207,354.00 |
| Zoning | : Commercial |
Property Information
Landmark Commercial Property for Sale
Property Specifis:
- Stand size: 2,719m2
- GLA: 1,072m2
- Tenants: 3 strong tenants
- Leases: Ranging from 1-3 years
- Income producing signage board with lease till 2012
Property Income and Expenses:
- Gross annual rental - R2,301,204
- Recoveries - R187,050
- Gross annual income - R2,488,253
- Authority expenses - R194,621
- Op Costs - R515,883
- Gross annual expenses - R710,504
NET ANNUAL INCOME - R1,777,749
The property is being sold at a 10.45% yield.
 |
 |
 |
