R2,350,000
Newlands | Property For Sale | Johannesburg
This multitenated property in Newlands offers a total area of 610 square meters situated on a generous 950-square-meter plot. Currently generating a monthly income of R28,000, this investment opportunity presents steady rental returns. The property enjoys main road visibility, enhancing its appeal to potential tenants and businesses seeking exposure.
With rates and taxes amounting to R7,513.65, this property offers a manageable financial obligation for the owner. Priced at R2,350,000, the sale of this business property excludes VAT, providing potential buyers with additional cost savings.
Ideal for investors seeking to diversify their portfolio or entrepreneurs looking to establish their business in a well-positioned area, this property offers a promising opportunity in Newlands.
Features
Zoning:
Industrial
Exterior
Security
Yes
Sizes
Floor Size
610m²
Land Size
950m²
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.