R2,950,000
Commercial Space Available For Sale in Newlands | Johannesburg
Introducing a lucrative investment opportunity in the heart of Newlands! This property boasts a total area of 1295 square meters, with 553 square meters dedicated to commercial space featuring four shop fronts. Additionally, the property includes seven residential rooms located at the back. Currently generating a monthly income ranging between R30,000 and R45,000, this property presents an attractive proposition for investors seeking steady returns. The asking price for the entire property is set at 2,950,000 (no VAT).
Features
Zoning:
Commercial
Interior
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
553m²
Land Size
1,295m²
Extras
24 Hour AccessNewlands, Johannesburg
City Deep
City Deep hailed as Africa’s largest dry port, is situated in the heart of South Africa’s most industrious city, Johannesburg. Its history dates back to 1977 and was developed by the South African Railways (SARS). It connects to the Durban Port which is the largest container port in South African and second largest in Africa - behind Port Said in Egypt. City Deep is a centrally...
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Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the API Property Group website is accurate and up to date, API Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.