Nestled in the center of the business and industrial node of Germiston, a stone’s throw away from the N17, you will find this neat, well-constructed and maintained retail center. By July 2024, this property will be 98% occupied with some lease agreements up until 2028 and escalations ranging between 5% – 7% annually. This fantastic acquisition will become even more viable once fully let however, with the current income, it still boasts a Nett ROI of 11.50%. At a well-negotiated selling price and with escalations over the years, this opportunity will get better and better. Make sure to give me a call today and let’s negotiate and secure this great investment to add to your portfolio. Selling Price Excludes VAT!
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No one sells more property than us, so make the smart choice now. Pre-qualified or cash buyers will be given preference. If this property does not suit your needs or taste, please give me a call so that we can discuss and find your dream home or next investment. Please also click on the logo to your right to see all properties available by us.
Make that important call TODAY!
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