Location: Gordon’s Bay, Western Cape

Category: Commercial Building

Asking price: R15,000,000

Net Profit: R1,247,227 per annum

Sales revenue: R1,582,212 Per Annum

Fixed Assets: Commercial Building

Stock Value: N/A

Online Presence: No

Business Description

R 8 MILLION BOND OVER 10 YEARS IS AVAILABLE TO ALL QUALIFIED AND ACCREDITED PROSPECTIVE BUYERS.

This is a rare opportunity to purchase / invest in the Western Cape, in a Commercial zoned property.
This mixed-use building is divided into a number of retail units with commercial rights, of which all are currently let and occupied. (Lease schedule available on request). Annual escalation 10% p/a. This property offers 956 m² of rental space under-roof.

Gordon’s Bay is growing in popularity every day and this investment will be difficult to beat with a good yield available, exceeding 8%. Seller is registered as a VAT vendor.

Contact Information – Kevin Wearing

Reasons for selling: Retirement

Commercial Property for Sale in Gordon's Bay Central with monthly return

7 + 10 =

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