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R 3 750 000

Commercial Property for Sale in Hopetown

Hopetown, Hopetown

Floor Size 1220 m²
1,220m² Building For Sale in Hopetown
Hopetown Commercial building return on investment property Urgent sale!!

The building is registered in a bk's name, namely LBL Systems bk. The buyer then just takes over the bk and I don't have to pay any capital gain and it will apply again to the buyer if he wants to sell again one day
The rental income as indicated includes electric bill and VAT and the average bill I pay to municipality every month amounts to R10000 pm. Every year oct the rental income escalates
There is only one lease for absa bank and it only expires in September 2023
The engineering works have been renting their premises for more than 12 years and the funerals place for about 8 years
The apartments change tenants every now and then but never struggle to keep them up

Monthly income plus minus R58 976
Listing Number
111510828
Type of Property
Commercial Property
List Date
25 July 2022
Floor Area
1 220 m²

Education

Hopetown Gekombineerde Skool
0.33km
Oranje Diamant Primêre Skool
1.66km
Vukasizwe Primary School
1.81km
Hoërskool Steynville
2.05km

Transport and Public Services

Hopetown Airfield
1.00km

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Andre Nel

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Golden Properties

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Andre Nel

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