649m² Building For Sale in Morningside

R8,900,000

Web Ref No CL8398

Commercial Building for Sale in Morningside

Great investment/buy to let building for sale in Morningside offering a 10% return on investment
649m2 under roof and total erf of 1267m2
Existing leases in place with well established tenants offering
an an excellent rental income equating to approx R134 per m2 + VAT.
3 separate sections under the same ownership
Low expenses, less then 25%.
Good security
ample parking

Features

Open Parkings 15
Building Name 77 - 81 Goble Road
Zoning Mixed Use
Monthly Rates R12,000.00pm Excl. VAT
Floor Size 649m²
Land Size 1,267m²
Power 3 Phase Yes
Security Yes
Air Conditioning Yes