R16,080,000

Retail for sale in Faerie Glen

950 Olympus Drive
840m²
1,806m²
Retail For Sale In Faerie Glen

*EXCLUSIVE MANDATE*

SMART INVESTMENT OPPORTUNITY UP FOR GRABS!

Are you a seasoned property Investor looking to expand your portfolio, or a budding/established developer looking for the next challenge!

Here is an opportunity offering both an existing and reliable income, with the additional potential for long-term growth.

Introducing four properties, currently offering multi-tenant buildings, situated 300m from a brand new Shopping Centre, on a bustling main road.

With an accumulated rental income of R102 000 per month, you will be able to generate a steady cash flow, whilst enjoying the benefits of property ownership, in a truly unbeatable location!

Simply steps away from all the shopping, dining, and entertainment options in the area, your investment is secured to show a constant and exceptional return.

The 5 stands cover a total of approximately 2030 square meters with plus minus 200 - 220 square meter under roof on each.

Business 4 Zoning, and the consolidation of all five properties, is in its final stages.

Contact me directly for further details on the planned and possible potential this investment can bring, but please note that in order to not unnecessarily disrupt the current Tenants' daily trading, we will be required to vet potential buyers.

Property Type
Retail
Stand Size
1,806m²
Building Size
840m²
Rates & Taxes
R5,700
Reference
ENT0248977
Address
950 Olympus Drive
Property history
Listed for sale at R10,800,000
01 May 2023
Price increased by 48.9% to R16,080,000
02 Sep 2024
Get to know Faerie Glen
Family lifestyle, convenience and quiet suburb living are just a few ways to describe the Pretoria East suburb of Faerie Glen.
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