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400m² Building For Sale in Merewent

R4,100,000

11 Nasik Road
Web Ref No TPC329

Perfect Commercial Building for Sale

Tyson Properties Commerical brings you a lucrative opportunity open to investors and/or end-users.

This double storey mixed use building currently operates as River Palace bets. The upper level operates a tote while the lower level is a bar, restaurant and a hot spot for 'pool' players. The bar features an industrial kitchen which invites home industry rental revenue. Each level is interconnected with a mini bar are on the upper level. The tote can easily be turned into office space while the bottom could operate as multiple service based businesses.

Building is sold with current tenants and existing leases. Lease information available on request.

Parking bays are situated directly outside the building accommodating approximately 8-10 vehicles. Property has all round access and has potential for subdivision to enhance rental revenue. We invite all investors, end-users and/or developers to take advantage of this great offer. Call and make your appointment to view today.

Features

Open Parkings 8
Zoning Commercial
Monthly Rates R11,083.00pm Excl. VAT
Floor Size 400m²
Land Size 624m²
Power 3 Phase Yes
Building Height 5m
Extras

Air Conditioner
Double Storey
Bar Counter
Balcony
Office
Storage

Make an Offer

Market value

R4,100,000

Offers from

R4,450,000

Offers for this listing must be made in R50,000 increments. More Info

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Broker Contact Details

Rory Booth
Tyson Properties Morningside Office

Cell 083 248 4002
Office (031) 3129500
WhatsApp Me
Tina Reddy
Tyson Properties Morningside Office

Cell 083 505 2532
Office (031) 3129500
WhatsApp Me

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