George Central - MR293110

Commercial in George Central, WCape - George, Western Cape

R 9,200,000

... Numbers not adding up?

1510m2
3991m2
George Central - MR293110
Commercial in George Central, WCape - George, Western Cape
R 9,200,000

Key Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 1510m2
  • Erf Size - 3991m2
  • Price per square floor meter - R6,093 per m2
  • Price per square erf meter - R2,305 per m2
  • MyRoof Stats

    • 238 Views
    PID=293110 DID=305738 SID=1

    The same tenant has been renting the property for more than 20 years as the property was designed for the tenants specific needs and requirements. Floor Size: 1 510 m² Excellent investment. This building was custom made for a specific tenant. This tenant has rented this property for more than two decades and a new three year lease is in place. The rental income is R96, 000(inclusive of vat). The tenant uses this building is a depo servicing the Southern Cape. The building is a large low maintenance building on the outside. The lease agreement places the obligation to maintain the inside of the building on the tenant, therefore saving a lot of costs for the landlord. This is a VAT- transaction with VAT included in the asking price. Security Electric Gate, Alarm System Facilities Bathrooms 2 Kitchen 1


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