FANTASTIC OFFERING - IDEALLY LOCATED WITH HIGH PASSING FOOT TRAFFIC !
REDUCED PRICE TO SELL !
MOTIVATED SELLER / RELOCATING !
2 LARGE SHOPS WITH ROLLER SHUTTERS !
AND 2 x 2 BED FLATLETS WITH SPACIOUS LOUNGE, BATHROOM AND KITCHEN !
FLATLETS BOTH JUST BEEN REVAMP BY OWNER**
OUTBUILDINGS IN BACK YARD AREA X 2
/
LARGE OPEN PLAN SHOPS WITH KITCHEN COMPONENT
(SHOPS HAVE BEEN CLOSED UP INTO TWO SEPARATE SHOPS)
ONE SHOP VACANT
TYPICAL RENTAL INCOME RANGES PER SHOP R5000 - R8 000
BATHROOM FACILITIES FOR THE SHOPS ON 1ST FLOOR LANDING AREA
2x 2 Bedroom Flatlets
Each flat consists of Kitchen, Huge Lounge, Bathroom, and 2 Bedrooms
Typical Rental on these Flats ranges R5000 - R6000
Estimated Total Income: R26 000 Gross
Rates R2200
Zoning Commercial
Erf size 495sqm
Shop size +- 125sqm
Flat size +- 115 sqm
Out Buildings and out Toilets
Communal Garden Area in Back
This is a excellent opportunity to add to your investment property portfolio.