Web Ref CL57
R10,450,000
4 Fagan Street
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Monthly Rates
R9,500
R9,500
Commercial Property - Great Investment In Somerset West Central.
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.
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.
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
716m²
Land Size
1,920m²
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