Fantastic offering - ideally located with high passing foot traffic !
Reduced price d to sell !
Motivated seller / relocating !
2 large shops with roller shutters !
AND 2 x 2 BED FLATLETS WITH SPACIOUS LOUNGE, BATHROOM AND KITCHEN !
***FLATLETS BOTH UNDERGOING REVAMP BY OWNER*****
OUTBUILDINGS IN BACK YARD AREA X 2
/
BUILDING NEEDS SOME TLC - INCOME POTENTIAL Value - R2.4m !
LARGE OPEN PLAN SHOPS WITH OFFICE / KITCHEN COMPONENT
(SHOPS HAVE BEEN CLOSED UP INTO TWO SEPARATE SHOPS)
ONE SHOP VACANT
TYPICAL RENTAL INCOME RANGES PER SHOP R5000 - R8 000
BATHROOM FACILITIES FOR THE SHOPS ON 1ST FLOOR LANDING AREA
2x 2 Bedroom Flatlets
Each flat consists of Kitchen, Huge Lounge, Bathroom, and 2 Bedrooms
Typical Rental on these Flats ranges R4800 -
R6000
Estimated Total Income: R26 000 Gross
Rates R2200
Zoning Commercial
Erf size 495sqm
Shop size +- 125sqm
Flat size +- 115 sqm
Out Buildings and out Toilets
Communal Garden Area in Back
This is a excellent opportunity to add to your investment property portfolio.
*****Please note the price has been determined at current condition, Restored Value estimated at R2.2 - r2.4m****
****OWNER IN PROCESS OF UPGRADING BOTH FLATS - COME AND VIEW !! *****
Call us today !!
Electricity Included
Scenic View
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