PRICED TO SELL ! DRASTICALLY REDUCED - HURRY !!!
RARE MINT CONDITION MIXED USE PROPERTY !
OWNER OCCUPIED PAST 20YRS - EXCELLENT CONDITION !
POTENTIAL TO BOOST CURRENT INCOME !
PRIME LOCATION - CENTRALLY LOCATED !
GARAGES ORIGINALLY WERE RETAIL SHOPS - SIMPLE CONVERSION TO RETURN TO RETAIL OUTLETS !
MODERN UPGRADED FLATLETS !
PRICE REDUCED DRASTICALLY !
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Grab this FANTASTIC Property:
Large Double Volume corner shop, with storerooms ( or convert this large storeroom to another separate shop - plumbing already installed)
Two Double Garages with Roller Doors - Originally these were 3 shops - simple conversion to return to original use.
Workers room with Shop toilets in the central courtyard area
Upstairs features a gorgeous outdoor deck - with 3 Flatlets
Flatlets:
2 Bedroom Flat - with Lounge, Dining Room and 2 Bedrooms.
Kitchen and Bathroom is ULTRA MODERN !
Bedroom Bachelor / Studio
Kitchen and Bathroom ULTRA MODERN
Double Volume Lounge
Bedroom
Spacious 1 Bedroom Flatlet with MASSIVE Lounge, Dining Room area and STUNNING Bathroom and Kitchen - Modern upgraded amenities !
Potential Income:
Bachelor R3600
1 Bed R4100
2 Bed R5500
Shop R8000
Total: R21 200
Possible Additional Income:
Further Potential Income from 2 Rooms currently used as storerooms +- R2000 x2 - R4000
Garages can be converted back to original Retail SHOP For a further +-R18 000 total ( 3 shops) if so desired.
Current Expenses:
rates R1341
Elec R2400
Ref and Water R 800
Total R3 741
Potential Income before conversions ( R21 200)
Net Income: R20 000 p/m
Potential Income with conversions (R43 000)
Potential Increased Yield Net R40k
Call us today to enquire on this BARGAIN !