PRIME LOCATION !
SITUATED CLOSE TO BUSY MAJOR CHAIN STORES AND BANKS !
FULLY TENANTED !
COMPRISING OF 13 FLATS ON 1ST FLOOR AND 4 SHOPS GROUND FLOOR !
SHOPS HAVE LONG STANDING TENANTS !
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EXCELLENT INVESTMENT OFFERING:
4 Large shops on Ground Floor with Stable Tenants
13 Flatlets on 1st Floor - 4 Large Flats and 10 Mixed - Bachelor and 1 Bedroom Flats
Pre Paid Meters Installed (Electricity and Water)- collected at around 80-85% of the usage
Net Income +- R70k pm
Rent Roll and financials available
HUGE POTENTIAL TO INCREASE YIELD !!!!
well maintained
Shop 1 148 sqms
Shop 2 110 sqms
Shop 3 210 sqms
Shop 4 210 sqms
Flatlets:
Unit 1 – 82sqms
? 3 Bedrooms
? 1 Bathroom
? Toilet
? Kitchen
? Balcony
Unit 2 – 80 sqms
? 3 Bedrooms
? 1 Bathroom
? Toilet
? Kitchen
Unit 3 – 62 sqms
? 1 Bedroom
? Kitchen
? Bathroom and toilet
Unit 4 – 62 sqms
? 1 Bedroom
? Kitchen
? Bathroom and toilet
Unit 5
? 1 bedroom
? Lounge
? Kitchen
? Shower and toilet
Unit 6, 7, 12 and 13
? Bachelors / open plan Flatlets with Bedrooms, kitchen, shower and toilet
Unit 8
? One bedroom
? Lounge
? Kitchen
? Bathroom and shower
Communal flat made of (Unit 9, 10, 11):
? 3 SINGLE bedrooms
? 3 Shared showers
? Shared Kitchen
? 3 separate toilets
Renovations were done to the property 6 years ago
Call us today !