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12 MCARTHUR & 1 RYDER STREET, PORT SHEPSTONE FOR SALE ON AUCTION

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PORT SHEPSTONE RETAIL PROPERTY

12 MCARTHUR & 1 RYDER STREET, PORT SHEPSTONE FOR SALE ON AUCTION

DESCRIPTION:

ERF SIZE: 2 024m²
GROSS INCOME: ±R3.608M p.a.
AUCTION DATE: 14 MAY 2024
Prime location in Port Shepstone CBD
6.5% escalation (effective 1st July 2024)
5 years remaining on Boxer lease (3 x 5 year renewal options)
Exceptional exposure to passing pedestrian trade and vehicular traffic
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