FABULOUS MULTI PURPOSE INVESTMENT POPERTY !
METICULOUSLY RENOVATED - TOP END FINISHES !
STABLE RETAIL / COMMERCIAL TENANTS WITH LONG LEASES !
TENANT LEASING 1ST FLOOR AS LUCRATIVE BnB LODGE WITH 14 x STUNNING En SUITE ROOMS !
LONG LEASES IN PLACE ! (x 7 Commercial Tenants in Total)
PRIME LOCATION !
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This Prime Investment Property up for Sale !
Offering x 8 Retail Shops on street Level
Neat and well kept shops with bathrooms at rear
Leases in place with Strong income
First Floor offering x 14 Ultra Modern Bedrooms with en suite Bathrooms - operating as a lucrative Guest Lodge, Leased out to Tenant/operator.
Entire 1st Floor / Rooms Boasting with top end fittings and finishes as it was recently renovated from top to bottom, making this a sought after accommodation choice for Guests in the area.
All Records available, leases in place.
Gross Income R92k
Net Income after all expenses R77 000 pm
15 % R.O.I
Operational cost could be passed on to Tenants to boost income.
Rooms could be Let to long term tenants / Leases
Various options possible as up side.
Additional Features
Laundry Room and facilities, Communal section with Kitchen and Ablution, Store room and outside toilet and shower.
Cctv
Solar Geyser
Borehole (to be fitted in due course)
Expenses R15k pm
Make that call and seize this Prime Income Spinner TODAY !
****REASONABLE OFFERS WOULD BE CONSIDERED##
@@@@@ REDUCED FROM R6.5m @@@@
Extreme care has been taken to ensure that all representations contained in this advertisement are accurate and is provided on an “as is” basis with no guarantees whatsoever. The representations herein has not been compiled to meet a Purchaser’s individual requirements and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein does not constitute the terms of sale as the images and descriptions are merely indicative. Caldan Homes assumes no responsibility for any errors and we reserve the right to correct/change/update the advert at any time without prior notice.