An excellent National Tenanted Retail property Investment situated on Main road in the heart of Muizenberg. The shop with total erf size 338m² is well located next to the Checkers Centre which is also across the road from False Bay college. Has spectacular Mountain views with hiking trails literally across the road from Boyes drive and within walking distance to the beach. The property has been recently renovated and is secure with electric fencing. Interior has been completely renovated with new designer timber flooring. The large open plan Retail space also includes 3 separate rooms, a kitchen with new geyser, 2 neatly renovated bathrooms within a quaint undercover back porch area. Unlimited public parking in the surrounds with Extra Bulk Potential.
The National Tenant are in a 5 year lease until 31st July 2026 providing a total Rental income of R1.65 Million received over the 5 years.
Rates inclusive of CID levy total R1794 excl vat per month
Shops for sale in Muizenberg
Contact: Quinton Mayes - 0832653599
Address: Muizenberg, Muizenberg, Western Cape