TENANTED COMMERCIAL INVESTMENT – BERGZICHT COMPLEX, MERRIMAN AVENUE
R7,400,000 Excl. VAT | Current Rental R64,494 p/m | Approx. 10.46% Gross Rental Yield
Well-positioned tenanted commercial/retail unit situated in the established Bergzicht Complex on busy Merriman Avenue, Stellenbosch.
The property enjoys excellent exposure to passing vehicle and pedestrian traffic and forms part of a complex comprising seven commercial/retail outlets facing Merriman Avenue.
Currently occupied by a Cash & Carry, the unit offers an established rental income and comprises:
Retail/commercial space
Ladies' & gentlemen's restrooms
Storeroom
Secure allocated parking bay at the rear
Easy access to spacious public parking
Excellent visibility from Merriman Avenue
INVESTMENT DETAILS:
Selling Price: R7,400,000 excluding VAT
Current Rental: R64,494 per month
Annual Gross Rental: R773,928
Gross Rental Yield: ±10.46%
Current Lease: Until 31 March 2027
Levy: R7,606 per month
Municipal Rates & Taxes: R2,847 per month
VAT: Zero-rated transaction may apply where the applicable requirements are met, including the purchaser being VAT registered.
A well-located, income-producing commercial property offering an established tenant and strong exposure in a busy Stellenbosch location.
Contact us for further information or to arrange a viewing.
Well-positioned tenanted commercial/retail unit situated in the established Bergzicht Complex on busy Merriman Avenue, Stellenbosch.
The property enjoys excellent exposure to passing vehicle and pedestrian traffic and forms part of a complex comprising seven commercial/retail outlets facing Merriman Avenue.
Currently occupied by a Cash & Carry, the unit offers an established rental income and comprises:
Retail/commercial space
Ladies' & gentlemen's restrooms
Storeroom
Secure allocated parking bay at the rear
Easy access to spacious public parking
Excellent visibility from Merriman Avenue
INVESTMENT DETAILS:
Selling Price: R7,400,000 excluding VAT
Current Rental: R64,494 per month
Annual Gross Rental: R773,928
Gross Rental Yield: ±10.46%
Current Lease: Until 31 March 2027
Levy: R7,606 per month
Municipal Rates & Taxes: R2,847 per month
VAT: Zero-rated transaction may apply where the applicable requirements are met, including the purchaser being VAT registered.
A well-located, income-producing commercial property offering an established tenant and strong exposure in a busy Stellenbosch location.
Contact us for further information or to arrange a viewing.
Monthly Levy
R7,606
Monthly Rates
R2,847
Total
R10,453
Features
Zoning
Interior
Sizes
Parking Bays
Listing Info
Stellenbosch Central, Stellenbosch
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.