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N$16,380,000
Business Property For Sale In Grootfontein

Registered in a CC

Erf size 3043 m²

INVESTMENT OPPORTUNITY - PROPERTY GENERATES VERY

GOOD INCOME!! (+- N$177,000 p/m excluding vat)

The existing Lease Agreement is 5 years until Sept 2024 with renewal and escalation is 6%

Consists of:

* A large trading area

* Offices

* Teller's station

* Storerooms

* ablutions

* Receiving area

* Large parking area

(Valuation - 2021 - N$17,100,000)

* Rates & Taxes - N$4,600 p/m

* Insurance - N$3,000 p/m

Property Type
Retail
Reference
1319841
Property history
Listed for sale at N$16,035,000
31 Jan 2020
Price increased by 2.2% to N$16,380,000
27 Jul 2023
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