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%.