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115m² Retail For Sale in Stellenbosch Central

R1,930,000

Bergzicht
Web Ref No 4478814

Invest in this Stellenbosch Central commercial property

The price is VAT INCLUSIVE, thus no transfer cost and can be a zero-rated VAT transaction.
Situated in Bergzicht complex on the busy corner just off Merriman and Bird Streets on the side of the Caltex filling station and convenient store.

A 5-year lease contract was signed on 1 Sept 2020 (ending 30 Sept 2025) with a monthly rental income of R13,700 per month + VAT, with a yearly escalation of 8%.

Call to arrange for a viewing.

Features

Zoning Commercial
Monthly Rates R1,437.00pm Excl. VAT
Monthly Levy R3,330.00pm Excl. VAT
Floor Size 115m²

Broker Contact Details

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