RETAIL PROPERTY WITH NATIONAL TENANT
> Well-established retail property with Big Boy Motorcycles as tenant
> GLA: Approximately 425 M2, Erf size: 1 487 M2
> Motorcycle showroom, repairs workshop, on-site parking and large yard
> Lease option period exercised taking existing lease to 31 December 2020 with 10% escalation per annum
> Estimated gross income incl. recoveries for 2018: R 402 720.60 p/a
> Estimated expenses for 2018: R 79 691.16 p/a
> Estimated net income for 2018: R 323 029.44 p/a
> On Gautrain bus route
BIG BOY WIERDA PARK, CENTURION
AUCTION 20 FEBRUARY 2018 @ 12H00 AT THE WANDERERS CLUB, NORTH ROAD, ILLOVO, SANDTON, JOHANNESBURG
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