Retail for sale in Grootfontein Central

Registered in a CC

Shop size 3043 m2

INVESTMENT OPPORTUNITY - PROPERTY GENERATES VERY

GOOD INCOME!! (+- N$177,000 p/m excluding vat)

The existing Lease Agreement is 5 years until Sept 2024 with renewal and escalation is 6%

Consists of:

• A large trading area
• Offices
• Teller's station
• Storerooms
• Ablutions
• Receiving area
• Large parking area

(Valuation - 2021 - N$17,100,000)

• Rates & Taxes - N$4,600 p/m
• Insurance - N$3,000 p/m