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536m² Retail For Sale in Wynberg

R4,000,000

11 bexhill st
Web Ref No 6554506

High Foot Traffic Retail Property For Sale In Wynberg

*Sole Mandate*

This retail property is ideally located at the southern terminal at the Wynberg Taxi Rank / Train station and benefits form the high levels of foot traffic seen daily.

The property measures +- 536 sqm and is zoned General Business 1. The building offers full retail with a one way road passing in front which is mostly used by commuters walking to and from the taxi rank, bus stop and train station. The building is split into 3 retail units but can be combined into one unit if needed. The units are fully tenanted with 3 tenants. As its stands there is huge potential to unlock value with these retail stores as they are large, open plan with a lot of unused space. This provides opportunity for a buyer to subdivide to create more retail units thus getting higher rentals. The sale is ex VAT which can be zero rated with tenants in place.

Contact me to discuss rentals, possibilities, etc or to arrange a viewing.

Features

Zoning Commercial
Floor Size 536m²
Land Size 536m²

Broker Contact Details

Kurt Dreyer
Quay 1 International Realty

Cell 0828585797
Office (021) 4264848
Shivanie Rangisingh
Quay 1 International Realty

Cell 061 185 6624
Office (021) 4264848

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