700m² Retail For Sale in East London Central
R5,400,000
Web Ref
CL920
Fantastic yield in the CBD
Commercial property with a fantastic yield in the CBD!
This property has limited risk, as there are 18 shops and 10 room accommodation available.
It is currently receiving R65 000 p/m retail income and R20 000 for accommodation.
Well maintained, no work to be done.
Don't miss out on this great investment, call the agent today!
This property has limited risk, as there are 18 shops and 10 room accommodation available.
It is currently receiving R65 000 p/m retail income and R20 000 for accommodation.
Well maintained, no work to be done.
Don't miss out on this great investment, call the agent today!
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
700m²
Land Size
638m²
East London Central in the news
7% low interest rate | Here's how much you're saving on your bond in total
The South African Reserve Bank has cut the repo rate by 25 basis points to an all-time low of 3.5% taking the prime interest rate down to 7%