2,575m² Investment For Sale in Fourways

R62,000,000

1 Cnr Short Street and Fourways Boulevard

Web Ref CL116948

Intercare Fourways Hospital - Investment Acquisition Opportunity

The Fourways node is bound by Uranium Road to the north, Main Road to the east, William Nicol intersection to the south and Waterford Estate to the west. With a strategic location offering easy access to major highways (N1) and a growing population, the dynamic node boasts of a combination of retail, office and entertainment spaces and presents a prime opportunity for commercial property investment.

Intercare Fourways, is directly opposite Fourways Mall & Leroy Merlin. The property is also in close proximity to other shopping destinations which include Monte Casino, Fourways Crossing and Leaping Frog. The property is occupied by anchor tenants, Intercare and Clicks on a long term lease basis.

GLA: 2575m2
Occupancy Rate: 100%
Weighted Average Lease Expiry: 3.2 years
Net Annual Income: R5 483 821
Purchase Price: R62 000 000

Features

Zoning Commercial

Title Freehold

Interior

Air Conditioning Yes

Exterior

Security

Yes

Sizes

Floor Size 2,575m²

Fourways, Sandton

Sandton is home to the wealthiest square mile on the entire African continent. In 1969 it was formerly an independent town, however, today it falls within the mandate of the Johannesburg Municipality within the Gauteng province. The name is derived from two of the suburban areas within close proximity to each other, Sandown and Bryanston.Commercial Hotspots“There’s no doubt about it, Sandton Central is a vibrant... More Info