Opening Bid R1.5 million
Gross Income : R 477,442.08.
Prime Commercial Property on Auction in Klerksdorp
Discover an exceptional investment opportunity with this prime commercial property located on Or Thambo Street, Klerksdorp, now available on auction. This property boasts a strong and stable tenant, Pep, which has been a fixture in the building for over 25 years, underscoring its desirability and longevity as a solid commercial asset.
Currently, the property is under a 3-year lease agreement, providing a substantial gross income of R 477,442.08. The tenant also contributes towards rates and taxes, ensuring reduced overheads and further enhancing the property's appeal as a lucrative investment.
Situated in a prime location, this property offers significant potential for long-term growth. Its strategic position on Or Thambo Street ensures high visibility and accessibility, making it an ideal choice for investors seeking a property with enduring value and promising returns.
Don't miss out on this rare opportunity to own a cornerstone commercial property in one of Klerksdorp's most sought-after areas. Participate in the auction and secure your stake in this thriving business community.
