- Advert ID: 663295
- (Seller ref: PROP003)
Tenanted Building In Jeppe For Sale
- Location:
-
- South Africa
- > Gauteng
- > Johannesburg
- > jeppe - Johannesburg
- Category:
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Summary
- Asking price:
- R4,800,000
- Sales revenue:
- < R3m
- Net profit:
- R600,000
Business description
This 3 level building consisting of Basement, ground and first floor totaling 1500 sq. m is for sale. It is occupied by a single tenant with a 5 + 5 year lease. The tenant has been occupying the building for years and has no intention of moving unless requested by new owner(s). It has a Nett rental income of R 600 000,00 p/annum - Yield is around 12,5 %.
Property information
- Real Estate:
- Real Property Included
- Lease terms:
- Tenant has a fixed lease
- Location:
- Located in Jeppe - Johannesburg
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- South Africa
- > Gauteng
- > Johannesburg
- > jeppe - Johannesburg
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