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R 19 500 000

Commercial Property for Sale in Verulam Central

Verulam, Verulam Central

Erf Size 1 839 m²
For Sale Multi Tenanted Building in Verulam – R19 500 000.
Prime investment opportunity in Verulam! This fully tenanted 3-storey building boasts two major Banks as anchor tenants, ensuring a steady income stream. With a gross lettable area of 2,123sqm and long-standing tenants, this property offers stability and potential for growth. Situated on a 1,839sqm land, the building yields over 9% pa in rental income. Although requiring repairs, the asking price of R19.5m is negotiable. Serious buyers can access the tenant schedule for further evaluation. Don't miss out on this lucrative investment prospect!
Listing Number
114246090
Type of Property
Commercial Property
List Date
09 April 2024
Erf Size
1 839 m²
Rates and Taxes
R 23 814
Zoning
General Business
Security
1
Special Features
2

Education

Verulam Islamic School
0.32km
Umhloti Primary School
0.85km
Verulam Primary School
0.86km
Mountview S
0.88km
Temple Valley S
1.06km
Everest Heights Primary School
1.07km
Glenhaven S
1.09km
Dianthus Primary School
1.17km
Lotusville Primary School
1.38km
Verulam Independent School
1.38km
Mounthaven Primary School
1.64km
Parkgate Primary School
2.47km
Waterloo Primary School
2.50km
Siphesihle S (Verulam)
2.58km
Redcliffe Primary School
2.65km
Dawncrest Primary School
2.71km
Verulam S
2.89km
Waterloo Js
2.91km
Jhugroo Primary School
3.57km
Kwavutha S
3.64km
Trenance Park Primary School
3.70km
Ottawa Primary School
3.72km
Riverview Primary School
3.78km
Trenance Park S
4.14km
Palmview Primary School
4.22km
Acacia Primary School
4.45km
Woodview S
4.52km
Palmview S
4.59km
Sastri Park S
4.72km
Jivannadi Christian
4.77km
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