2 Powderham Dr 2,329 SF Retail Building Cardiff CF11 8ND $129,124 ($55.44/SF) 22.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Great local amenities
- Short walk to Ninian Park Station
- Heavy daytime footfall
EXECUTIVE SUMMARY
Lot 41 is available for sale at an Allsop online auction to be held on Thursday 27th of March 2025.
The property comprises an freehold investment opportunity for sale.
The asking price is £100,000, representing a Net/gross initial yield of 22.4%.
The property comprises an freehold investment opportunity for sale.
The asking price is £100,000, representing a Net/gross initial yield of 22.4%.
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Retail
Building Size
2,329 SF
Year Built
1990
Price
$129,124
Price Per SF
$55.44
Cap Rate
22.40%
NOI
$28,926
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.34 AC
Frontage
65’ on Powderham Drive
1 of 1
NEARBY MAJOR RETAILERS
