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2,970m² Building For Sale in Laudium

AUCTION

215 3RD AVENUE
Web Ref No CL714

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

Broker Contact Details

Yusuf Essa
Choprop Sales

Cell 0825952242
Office (012) 6534444

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