Cullinan, Multi-purpose commercial 5,86ha, Virido

Cullinan, Multi-purpose commercial 5,86ha

R 13 600 000

The property with a total land size of 5,86ha is located on the busiest corner leading into Cullinan on the R515 and R513 roads.
(500) metres of street front potential
Eighteen fully let retail shops
Ample parking spaces for clientele and shop owners
Massive potential to expand and revamp to attract nationals as tenants
Five existing residential units, potential to develop a secure estate
A property that already gives a 10% return on investment without the further development opportunities

Property Overview

Listing Number: 112306358
Type of Property: Commercial Property
Description: Retail
Gross Price: R 13 600 000
Net Price: R 12 800 000
Erf Size: 5.6 ha
Zoning: General Business

External Features

Parking: On street parking, Secure parking, Visitor parking


Building Name: Fourways Centre
Multi Tenanted: Yes
Style : Conventional
Facing: North, Street Front, Level Road
Roof: Zinc
Wall: Brick, Face-brick
Window: Steel
Standalone Building: Yes

Other Features

Security -Partially Fenced, 24 Hour Response
Nearby Public Transport (Bus, Minibus Taxi)
Wheelchair Accessible - Yes
Generator - No
Backup Water - No

Enquire about this Commercial Property

Virido Prop Commercial (#12)