INVESTORS ALERT! NEIGHBOURHOOD CONVENIENCE CENTRE WITH MTN TOWER FOR SALE IN ELSBURG, GERMISTON
LET’S CUT THE NOISE!
LET’S CUT TO THE CHASE!
INVESTORS WITH KEEN EYES WILL NOT LET THIS ONE PASS BY, OWNER HAS EMIGRATED AND MUST SELL!
Key facts:
- Erf 1 533 sqm
- GLA 812 sqm
- 5 income producing shops
- One bedroom Flat x 1
- MTN Cellmast
- Corner stand convenience centre in Elsburg is available for sale, with a projected R450 000 in the first year of ownership with full tenancy and the MTN Cellmast lease.
- Surrounded by Germiston surbubs and Wadeville
- Multi-let with existing income generation and upside potential
- On-site parking as well as street front parking available
- Accessible from Olivier Street (M53) and a measly 2,5 Km from N17 Highway
- An estimated NOI of R370 000 per annum
- An estimated CAP Rate of 10%
NB: The CAP rate is considered Good from 5%, Geez… you get 10%
Need I say more…. Would you like us to open our books?
Snatch this one before it’s too late!
Call us for an exclusive tour!
LET’S CUT TO THE CHASE!
INVESTORS WITH KEEN EYES WILL NOT LET THIS ONE PASS BY, OWNER HAS EMIGRATED AND MUST SELL!
Key facts:
- Erf 1 533 sqm
- GLA 812 sqm
- 5 income producing shops
- One bedroom Flat x 1
- MTN Cellmast
- Corner stand convenience centre in Elsburg is available for sale, with a projected R450 000 in the first year of ownership with full tenancy and the MTN Cellmast lease.
- Surrounded by Germiston surbubs and Wadeville
- Multi-let with existing income generation and upside potential
- On-site parking as well as street front parking available
- Accessible from Olivier Street (M53) and a measly 2,5 Km from N17 Highway
- An estimated NOI of R370 000 per annum
- An estimated CAP Rate of 10%
NB: The CAP rate is considered Good from 5%, Geez… you get 10%
Need I say more…. Would you like us to open our books?
Snatch this one before it’s too late!
Call us for an exclusive tour!
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Disclaimer
While every effort will be made to ensure that the information contained within the Huizemark website is accurate and up to date, Huizemark 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.
