Price Reduced
- 3
- 1
- 349 m2
- 992 m2
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Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 3500.00
Property description
Commercial property for sale in prime area. Investors don't miss out on life time investment. Rental in come off R32.110.00 per month . Care taker in charge off all the income off the tenants already renting with lease agreement. 1 bedroom flat, 2 bedroom flat and a 3 bedroom flat. One big shop for retail and 2 other shops for retail or any small business. T o much to mention near schools and town . Easy excess to town and surrounding areas. Phone agent for more info. Do have tenants .
Rental income per month R33 269.00 P/M
Total water sewer and refuse plus minus R5400
R38 669.00 TOTAL.
Shop 1
Rental R8269 water ,sewer and refuse R900 p/m
Lease contract expiry date Nov 2025.
Shop 2
Rental R7500 water ,sewer and refuse R900 p/m
Unoccupied.
Shop 3
Rental R5200 water , sewer and refuse R900 pm
Lease agreement expire date June 2024.
Flat 1
Rental R3000 water, sewer and refuse R900 pm
Lease agreement date expire Dec 2025.
No escalation due to caretaker in position and looking after the leases.
Flat 2 Rental R4050 water ,sewer and refuse R900 pm.
Expiry date June 2024.
Flat 3
Rental R5250 water ,sewer and refuse R900 pm
Expiry date June 2024.
Investors dream phone agent for more info and viewing.
Cash buyers or pre approved buyers if not pre approved as yet we can assist.
Property Details
- 3 Bedrooms
- 1 Bathrooms
Property Features
Bedrooms | 3 |
Bathrooms | 1 |
Floor Area | 349 m2 |
Erf Size | 992 m2 |
Contact the Agent
Cicilia Beukes
Full Status Property Practitioner