Retail Shops at a busy Shopping Centre with Title Deeds

Damofalls, Mashonaland East

$80,000

Damofalls, Mashonaland East

165 m²

205 m²

Description

Oasis Realty is pleased to offer for sale a commercial retail property at strategically positioned and bustling shopping centre in Damofalls Phase 1. The property which has 2 shops with 2 different frontages offers an opportunity for investors or owner occupiers seeking a foothold in a high-traffic retail zone.

The property is currently let to 2 different tenants, one is using it as a bar and the other is using it as a grocery shop. Based on the asking price and the current passing rent of $900/month from both tenants the property offers an attractive potential entry return of approx +13%.

Property features include, shop space, storage space, ablution facilities, 5,000L water tank powered by a booster pump. Other amenities include municipal water, zetdc power supply. The property has full title deeds and is sitting on a land of 205sqm.

For viewing arrangements contact our sales team