High Yield Commercial Investment Property - Wonderboom FOR SALE:10 128 m²-
Ideal for redevelopment this extensive property boasts of possible 12% upwards rental yields. Modern grey and steel facade this property houses Mc Donalds, Vodacom, MTN. Seen a s a new motor dealership enclave with Mercedes, Nissan, Volkswagen, Mazda , Ford, Kia Motors. Wonderboom Junction is situated nearby with its own anchor shops such as Pick n’ Pay, Clicks, Edgars and Dischem. Prospective buyers would be happy to invest in the Bird park , convenience properties for redevelopment. 6 bays per 100 m with Floor Area ratio of 0.8 . Currently 79 % let with 1229 vacant. Building 2 is currently let with 1626 m² space still vacant. Tenants sourced by the managing agency.All rental escalation per annum at 8% to 10 %. Parking and access points have been renovated to enhance the number of parking bays. Wonderboom Carvenience is situated in Annlin West, Pretoria, Gauteng. It is set in and amongst the picturesque Magaliesberg Mountains with the Wonderboom Nature reserve in full view of the centre.
Asking price: R 68 Million.
Contact Brad now on 072 898 9523 or email email@example.com
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