Web Ref JCL1020
R12,000,000
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Monthly Rates
R12,881
R12,881
Commercial Property for Sale in Michau Street, Strand Central
We wish to present to you this Commercial Property in a Prime position, just off Beach Road. The property consists of a ground floor with 3 shops which are presently being rented out with a total monthly rent of about R51,303. The Upper floor is rented out to a new tennant who is in the process of refurbishing the entire floor. The rental for the upper floor is R35,000 per month. The total monthly rental received for the entire building is R86,303.
The Commercial Property is situated on the busy main road of Strand and has a heavy foot traffic and ample parking for customers. All the major Chain Stores, Restaurants, Bars and Shops are in the nearby vicinity. A new Checkers Store has recently openend and is attracting a steady flow of customers. This is an investor’s dream so don’t delay and miss an opportunity like this and contact us today for a viewing.
The Commercial Property is situated on the busy main road of Strand and has a heavy foot traffic and ample parking for customers. All the major Chain Stores, Restaurants, Bars and Shops are in the nearby vicinity. A new Checkers Store has recently openend and is attracting a steady flow of customers. This is an investor’s dream so don’t delay and miss an opportunity like this and contact us today for a viewing.
Features
Zoning
Commercial
Exterior
Security
No
Sizes
Floor Size
1,710m²
Land Size
855m²
