Web Ref No 7002001-86298

Fully Tenanted Investment Property For Sale – Canon Hill, Kariega
An excellent investment opportunity! This fully let building in Canon Hill, Kariega offers a diverse tenant mix and solid rental income, ideal for investors seeking immediate returns.
Property Breakdown:
Section 1:541m² (including upstairs 422.5m²) – currently a playschool and a ground-floor building supplies shop
Corner Shop:118.5m² retail unit
Section 2:84m² retail shop
Section 3:80m² retail shop + 70m² tyre shop
Section 4:70m² retail shop
Key Features:
Fully tenanted with established businesses
Strong income-producing asset
Prime corner positioning with great visibility
Solid construction with a mix of retail, education, and trade tenants
Easy access to major routes in Kariega
Investment Highlights:
Asking Price: R2,300,000
Net Annual Income: R284,280
Attractive Cap Rate: 12.36%
Don't miss out on this solid investment opportunity!
Contact me for more information.