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Tenanted Retail Centre Investment Property For Sale

Gillitts, 16 York Road

R35,000,000 plus VAT

Listing Number: KSS27383
About this listing
Retail Centre for sale in Gillitts. Retail centre for sale in Upper Highway. Retail Centre for Sale near Hillcrest. Retail centre for sale near Kloof.

With an annual NETT income (after expenses) allowing for a yield on this property of well over 11%.

Fully occupied with a tenant mix of 17 tenants. All have leases in place with 2-3 years remaining. All tenants whose leases expire in 2019 have renewed.

Owner has immigrated. Excellent opportunity not to be missed.

Call me now to arrange a viewing.

The information herein is correct to the best of our knowledge as provided by various parties, however errors and omissions excepted.
Property Information
  • Floor Area: 2231 sqm
  • Property Type: Retail
  • Floor Area
    • Retail Square Metres: 2231
  • Outside Areas
    • Includes: Courtyard
  • Property Details: Multi-Tenanted, Tenanted Investment
  • Commercial information
    • Zone: General Business

Agent Details

12 Old Main Road
Gillitts
Office website

Property Location

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