Tenanted Commercial Building with R22 500 p/m

ZAR 2,300,000~€123,157
  • ~382 m² Living area
  • ~441 m² Plot surface

Description

Income-Producing Commercial Property on George Street An excellent investment opportunity in Kimberley, offering immediate rental income from the date of transfer. This commercial property is situated on a 441 m² erf and is currently leased at R22 500 per month. The property is being sold as a going concern, with the existing tenant and lease agreement in place. The purchaser will take over the rental income on transfer, providing an income-producing asset without the need to secure a tenant or fund a vacancy period. Prime Exposure Positioned directly on George Street, a high-traffic and highly visible route, the property offers valuable exposure for the tenant’s business and strong positioning for the investor. Prominent street frontage of this nature is difficult to replicate elsewhere in town. Property Features - 382 m² under roof - Commercial zoning/use - Parking available - Situated on Erf 153, Kimberley - Erf size: 441 m² - Existing tenant and lease in place - Sold as a going concern Current rental: R22 500 per month Lease agreements available on request. Contact us to arrange a viewing or to obtain further information.
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Engel & Völkers Kimberley

Your advisor: Melvin Geldenhuys

Property ID: ENV227466

Property details
  • Property type

    Store

  • Living area

    ~382 m²

  • Plot surface

    ~441 m²

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Engel & Völkers Kimberley

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Kimberley

License partner of Engel & Völkers Southern Africa (Pty) Ltd

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