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R10,450,000

R10,450,000

716m² Building For Sale in Audas Estate
4 Fagan Street
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Commercial Property - Great Investment In Somerset West Central.

Web Ref. CL57
Land size 1920.00 m²
Floor size 716.00 m²
Monthly Bond Repayment
R97,548.80
This commercial property consists of 6 sectional title sections and includes 29 exclusive-use areas, which are all parking bays. Each section is tenanted by established tenants who are all in good standing. The property is in excellent condition and very well looked after and is located only a few meters away from Main Road, Somerset West. The property is zoned as General Business 4.

Section 1 = 169m2
Section 2 = 329m2
Section 3 = 54m2
Section 4 = 54m2
Section 5 = 54m2
Section 6 = 56m2

It is important to note that the price above does exclude VAT, but it is possible to structure the sale to attract VAT at a rate of 0% if the property is purchased as a letting enterprise.

The Seller is relatively set on the price and serious about selling. No outrageous offers will therefore be accepted.

This is, without a doubt, an exceptional investment opportunity, do not miss out, and feel free to contact me should you have any questions.
Monthly Rates R9,500

Features

Zoning
Commercial
Sizes
Land Size 1,920 m²
Floor Size 716 m²
Listing Info
Date Listed 25-05-23
Time Listed 10:04

Audas Estate, Somerset West

Google map for 716m² Building For Sale in Audas Estate

Disclaimer

While every effort will be made to ensure that the information contained within the Volschenk & Heyns website is accurate and up to date, Volschenk & Heyns 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.