Retail r160

Consisting of 4 flats. Current income R11.400.00. Fed by solar geyser. The two ground floor retail shops have a potential combined income of R8000. Total potential income R19400. Rates water & elect approx.. R6000. Nett projected income thus R13.400.00 Nett projected annual income R160.800.00 Great visibility and signage potential. Off street parking for two cars. The property could also be converted to student res. Property Reference #: COM1820 Agent Details: Kevin Slattery NRG - Port Elizabeth 42 Mackay StreetRichmond HillPort Elizabeth6

Property Address: 9 Somerset Road De Waterkant Greenpoint, Cape Town 8001 This seven storey A-grade building, is situated on the popular Somerset road, on the periphery of the Cape Town CBD. The ground floor consists of retail clients. This trendy building has recently undergone an entrance foyer upgrade and a number of floors have had upgrades to the common area passages and bathrooms. This office is situated on the 3rd Floor measuring approximately 203m² at R160/m² ex vat with a balcony area measuring 27m². Rental amount quoted includes balcony area, excludes VAT, parking and municipal charges. Basement parking available at R1600/bay ex vat / per month. Contact Sharon Marais, our Commercial Property Broker for more information, viewing arrangements and professional assistance with placing your business in the perfect space. Available From: 27/10/2019 Agent Details: Sharon Marais Hosies Real Estate Unit 10, Prospect Place Bellville, 132 Durban Road Cape Town