PRIME COMMERCIAL PROPERTY IN THE HEART OF LAUDIM ON AUCTION.
Prime commercial property situated in the heart of laudium presents a retail and industrial building with an office component. currently tenanted with month-to-month leases. Only 30% is currently occupied with a rental income of approximately R48 000.00 per month (ex-vat). current income potential for the property is approximately R250 000.00 per month should building be fully occupied. Redevelopment opportunity also exists should the property be converted into a mixed use building on levels 2,3 & 4 for residential accommodation.
Features
Title Freehold
Zoning Commercial
Floor Size 2,970m²
Land Size 1,643m²