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R19,780,782

Retail for sale in Kuils River South

1,132m²
1,132m²
R 19,780,782.00 (excluding Vat) Opportunity To Purchase A Prime Commercial Property In The Heart Of Kuilsriver

Property Type: Commercial Building Location: Omnipark, Kuilsriver

Description:

This well-positioned commercial property presents an excellent investment opportunity in a prime location. The double-story building is versatile and has significant income potential, making it an attractive proposition for investors. If sold as a rental enterprise, the transaction may be zero rated.

Key features:

1.Building: The property consists of a double story building that offers a range of possibilities for investors.

2.Ground Floor Tenants: The ground floor is fully tenanted, providing immediate rental income. Current tenants ensure a steady revenue stream.

3.First Floor Conversion: The first floor is adaptable and can be converted into apartments or rented as office space, allowing for diversified income streams.

4.Ample Parking: The property boasts ample parking space located behind the building, ensuring convenience for both tenants and visitors.

5.Advertising Exposure: The side of the building offers prime advertising exposure, creating an opportunity for additional income through advertising partnerships.

Zoning Details:

•Zoned: GB5

•Permitted Zoning: Businesses, Licensed Hotels, Apartments (1st floor), Places of Assembly.

Location Highlights:

•Strategic Location: Situated near the N1 and N2 highways, providing excellent accessibility for businesses and tenants.

•Airport Proximity: Conveniently located near Cape Town International Airport, making it an ideal choice for businesses with travel requirements.

Additional Information:

For more detailed information, financials, and property specifications, we kindly request interested parties to sign a Non-Disclosure Agreement (NDA). This step will provide access to confidential details about the property.

To arrange a viewing or request further information, please contact: Bibi Best

Property Type
Retail
Stand Size
1,132m²
Building Size
1,132m²
Available From
31 Jul 2024
Reference
2275346
Property history
Listed for sale at R19,780,782
01 Jul 2024
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