- 5
- 3
- 700 m2
- 465 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 0.00
Monthly Levy: ZAR 0.00
Property description
INVESTMENT OPPORTUNITY ON BUSY ROAD | DOUBLE STOREY BUILDING WITH THREE FLATS AND SIX SHOPS
Why to Buy?
• Great value building with great opportunity to expand rentals and growth opportunity
• Six shops on busy road – potential rental plus R17 500 per month
• Three flats – awesome size and value – potential rental R12 000 plus per month
• Total rental potential over R30 000 per month
This commercial building on a busy corner stand in The Hill is priced to go! The area of The Hill is close to JHB City, various schools and churches and major transport routes. This property represents a great opportunity to get into the commercial investment property league…
This property enjoys six retail shops on the ground floor with a potential rental income of R17 500 plus, plus three flats (two with two bedrooms and one bachelor) with a potential rental income of R12 000 representing an initial rental income of R29 500 or thereabouts. This represents close to a 100% return on investment….
The building is currently semi let with tenants but it needs a new owner with a new vision and a younger spirit to take it to its former glory and potential rental income of plus R30 000! Are you that new owner?
Give us a call today - lets view, lets negotiate and let’s do a deal! All reasonable offers will be considered!
Property Details
- 5 Bedrooms
- 3 Bathrooms
Property Features
- Storage
- Includes Three Flats for Rent
- Great Location
- Includes Six Retail Shops for Rent
- Monthly Rental Income of Plus R30 000 Possible
- Zoned Commercial - Great Value
| Bedrooms | 5 |
| Bathrooms | 3 |
| Floor Area | 700 m2 |
| Erf Size | 465 m2 |
