Commercial Centre with Nationals – (Winelands)

R 39,500,000


Property Description

About this Commercial Property: Prime location on main road in CBD right in the hustle and bustle.

History: Running successfully and profitably with stable high end tenant profile – some nationals.

Tenants: +-65% of rent roll income from corporate nationals and franchises.

Figures: Annual revenue circa R8mi0, delivering net earnings around R4,9mio (EBIT)

Selling Price: R39,5mio ( 0% VAT as going concern)

Current Yield: 12,47% (First year)


Other Features
Building Included
Property Id : 3235
Price: R 39,500,000
Monthly Turnover: 0
Monthly Profit: 0
ROI: 12

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Trevor Young [MACYOUNG]- BComm(LAW)