Springs, Springs, Gauteng
ID 1588780

Commercial Property for Sale in Springs Gauteng
Commercial Property for Sale in Springs Gauteng
Commercial Property for Sale in Springs Gauteng
Commercial Property for Sale in Springs Gauteng
Commercial Property for Sale in Springs Gauteng
Commercial Property for Sale in Springs Gauteng
Commercial Property for Sale in Springs Gauteng
Commercial Property for Sale in Springs Gauteng
Commercial Property for Sale in Springs Gauteng
R 5 000 000

Vacant Land

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Vacant Land

Property features

  • R 5 000 000

Property Details

Comprehensive Breakdown of Rental Income and Expenses

Shops:

  • 7 shops, with 6 currently occupied
  • Rental income: R27,000 (R4,500 x 6)

Calculation:

  • 2 shops x R3,000 = R6,000
  • 3 shops x R4,000 = R12,000
  • 1 shop x R5,400 = R5,000
  • Total shop rental income: R6,000 + R12,000 + R5,000 = R23,000 + R4,000 (other shop) = R27,400

Flats:

  • 8 flats, each renting for R3,000
  • Rental income: R24,000 (R3,000 x 8)

Rooms:

  • 5 rooms, with rentals ranging from R1,100 to R1,800
  • Rental income: R28,000 (R1,100 + R1,800 + other rooms)

Total Rental Income:

  • Shops: R27,000
  • Flats: R24,000
  • Rooms: R28,000
  • Water excluded:
  • Total: R79,000 - R13,000 = R66,000 - R200 = R65,800

Amenities:

  • 4 guest toilets
  • Store room
  • Big balcony
  • Fire exit
  • Meter room with prepaid meters for each shop
  • Water charge: R500 per room/flat

Property Features:

  • 2-bedroom flats with kitchen and bathroom
  • Entrance area
  • Each shop has a backdoor (except hairdresser and safe)
  • Big and small bathrooms, with some shared facilities

Peak To Peak

0792187167
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