PERFECTLY SITUATED INCOME GENERATING INVESTMENT OPPORTUNITY IN SILVERTON WITH UNHINDERED ROADSIDE EXPOSURE ON TWO STREETS
The perfect location and generous size of the properties on offer, within the development node of Silverton, makes this an investment opportunity not to be missed. The lucrative rentals will provide for a passive income until the new owner decides to redevelop.
Two adjacent properties, measuring a total of 3 454 sqm, being sold simultaneously as a going concern. The one is zoned residential and the other has business rights. The properties have been developed as a unit with the existing businesses located on both properties.
Current monthly rental income: R82 000
TENANTS:
Homestead
Three-bedroom cottage
Panel beaters
Workshop
Electrical training college/school
Upholsterers
Hairdressers
Spaza shop
Every business & house has a separate pre-paid meter
In close proximity to main arterial routes and client base
Excellent transport for staff and clients
CONTACT AGENTS FOR AN APPOINTMENT AND FURTHER INFORMATION