South Africa

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Listing Id: 24001 Total Views: 1740

(Sold) Investment Firm Owning 4 Freehold Income-Generating Commercial Assets - Selling Below Cost 97498301

Central Area

Date Closed: 04/03/2022

Asking Price: S$1,880,000
  • Premise Type Commercial Street Premise Size
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Investor Staff N/A
  • Established N/A Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason For Sale

Partnership issues

Description

Rarely Available - Investment firm with Freehold Income-Generating Commercial Assets

- Selling Below NAV
- Assets are located in prime central area
- All Freehold tenure with potential for capital appreciation
- Properties are 100% leased and generating yield of above 2% pa
- Asking : $1.88 mil

For details, kindly contact 97498301

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