R4,000,000
Fully Tenanted Investment Property at 9.4% Yield
220 Ottery Road is a sectional title office building located across Ottery Road from the Military Base. The building is secure, with an alarm system and armed response. There is quick and easy access to the M5 and Wetton Road.
There are 5 sectional title units for sale, all of which are currently tenanted. The net yield is 9.4%, an excellent return.
1. 57sqm
2. 57sqm
3. 58sqm
4. 58sqm
5. 77sqm
Total: 307sqm
Parking: 6 Open Bays as part of the sections
Price: R4,000,000 excl VAT for all 5 units (all 5 units must be sold together)
What's the next step? Just reply to this listing with your contact details to request a call back. You can also call the broker specialist for the area directly, Simon Solomon of Safcom Properties. You can be assured of a quick response and professional service to assist you to make informed decisions in your property search.
Features
Title:
Sectional
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
307m²
Parking Bays
Open Parking Bays
6
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Disclaimer: While every effort will be made to ensure that the information contained within the Safcom Properties website is accurate and up to date, Safcom Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
