Pam Golding Properties

Commercial retail property for sale in Newcastle

Commercial retail property for sale in Newcastle - 1NW1742434
  • For sale
  • New listing
  • For Sale
  • /
  • South Africa
  • /
  • KwaZulu-Natal
  • /
  • Northern KwaZulu-Natal
  • /
  • Newcastle
  • /
  • 1NW1742434

R17,040,000
includes VAT

30 parking baysErf 1761 m²Water supplies: Council Supply

Expenses

Rates and Taxes: 
R27,562 per month
Insurance: 
R10,270 per month
  • Parking
Listing #: 1NW1742434

Flexible commercial opportunity at strategic location

Presenting a flexible commercial investment for either an owner-occupier, who will enjoy an already-secured healthy monthly rental income from existing tenant, or there is also the potential of improving the yield on this investment by securing another tenant in the second space.

This facebrick building is made up of 2 large sections, one currently leased out to an excellent tenant while the other section is vacant. The building is fully tiled, has cameras and excellent frontage onto a busy road. Located in the central business district in a bustling part of town, surrounded by other long-standing retail stores, this property has access to ample parking. Both spaces have offices, toilet facilities for men and women, fully tiled and very secure. The second section has ample storage space with a mezzanine level measuring around 200m2. There are florescent lights throughout both sections and fully functioning fire hydrants are strategically placed all around both sections. Plate glass windows in front ensure safety.

Call me for a viewing. Only serious buyers will be given access to all the relevant documentation relating to the property and the lease.

Listing details

Rooms

    • 1 Bathroom
      • Bathroom
      • Bathroom with basin, tiled floors and toilet
    • Other rooms
      • Kitchen
      • Kitchen with melamine finishes, stainless steel tops and tiled floors
      • Office
      • Office with tiled floors

Other features

    • Roof
    • Metal roof
    • Walls
    • Face brick walls
    • Windows
    • Aluminium windows
    • Boundary
    • Palisade fence boundary
    • Security
    • Alarm, cctv cameras and security gates
    • Other
    • Electricity

I'm your local property expert in Newcastle, South Africa

Samantha Wade

Samantha Wade, your local property expert in Newcastle, South Africa
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Registered with the PPRA - Principal

Samantha Wade

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Newcastle Office

70 Victoria Road, Newcastle, 2940, KwaZulu-Natal
Registered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Struset (Pty) Ltd t/a Pam Golding Properties Newcastle
Newcastle Office details

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BackCommercial retail property for sale in Newcastle

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