ref # 908

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R 1 250 000 (63 291 EUR*)

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4
3
± 495 m2
± 470m2
R 2200  / m
R 0  / m

Property Features
Balcony
Entrance Hall
Family/TV Room
Fence
Flatlet
Garden
Kitchen
Lounge
Paving
Staff Quarters
Storage

MIXED USE INVESTMENT PROPERTY IN PRIME LOCATION IN CBD

FANTASTIC OFFERING - IDEALLY LOCATED WITH HIGH PASSING FOOT TRAFFIC !

2 LARGE SHOPS
AND 2 x 2 BED FLATLETS WITH SPACIOUS LOUNGE AND KITCHEN !

OUTBUILDINGS IN BACK STAND AREA

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  • BUILDING NEEDS SOME TLC - Restored Value - R2.2m !


  • LARGE OPEN PLAN SHOPS WITH OFFICE / KITCHEN COMPONENT

  • TYPICAL RENTAL INCOME RANGES PER SHOP R8000 - R10 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 R4500 - R5500

  • Estimated Total Income: R25 000 - R 31 000 Gross
  • Rates R2200
  • Zoning Commercial
  • Erf size 495sqm
  • Shop size +- 125sqm
  • Flat size +- 115 sqm

  • 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 R2m - R2.2m****


  • Call us today !!


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