Land Area 496 m²
This property has a mixed use consisting of 4 flats and 1 retail shop. Current income R18600.00 Fed by solar geyser. There is currently one vacant flat that lets at approx. R4400pm
The one ground floor retail shop is currently let at approx. R8000. Total potential income R23k. Rates water elect approx.R6000.
Nett projected income thus R15000.00 Nett projected annual income R180.000.00 .Projected Nett ROI 11.2%
Great visibility and signage potential.
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