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FOR SALE – SHOPPING CENTRE IN MPUMALANGA WITH A 9.5% ROI For Sale

R100,000,000

Description

This shopping centre in Komatipoort has been operating for 19 years, and offers variety and convenience to the fast-growing town.
Anchored by the well-established Super Spar, the 9611m² center has 33 stores and boasts an impressive national retail mix of restaurants, fashion, services, medical, furniture, banking and speciality stores – such as Tops, Capitec, CNA, Russels, Post Office, Vodashop, Ackermans, OK Furniture, Buco Hardware, Wimpy, Department of Home Affairs etc. The center enjoys a 100% occupancy rate.

Area: Komatipoort, Mpumalanga

Size (GLA): 9166 m² (Approximately)

Asking Price Excl.VAT: R 100,000,000.00

Gross Income: R 14,968,925.00 P/A

Total Expenses: R 5,466,895.00 P/A (Including all municipal charges)

Access to Major Roads: Rissik Street, Louw Street, Kruger National Park’s Crocodile Bridge and Malalane Gates.

Facilities: Convenience Shopping Centre

Parking: 2 Bays per 100m²

Occupancy: 85%

Please note that information contained herein is meant only to serve as a summary of relevant information as supplied to Sentinel Commercial Services Group. No information is verified or presented as fact, we urge prospective clients to have all relevant information professionally verified.

Detail

Updated on Oct 26, 2018 at 1:05 pm

  • Property ID: KOMSALEDON044
  • Price: R100,000,000
  • Property Size: 9166 m²

OTHER PROPERTY INFO:

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  • Property Address

    • City: Mpumalanga
    • Country: South Africa

    Contact info

    CONTACT AGENT
    Donavan Penton
    076 793 3493
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