FNB Benoni, Benoni
Holding Company : Timbuk 2 Investments (Pty) Ltd
Current Value : R6 million at 12,5% Capitalisation rate
Opening Date : 1997
This property is situated next to the Lakeside regional shopping centre which opened in September 1999. This prime position prompted FNB to open their main branch for Benoni on this corner. The development consists of FNB on a 10 year lease, one line shop and some first floor offices. The offices are occupied by Legal Wise on a 5 year lease.
