R 3 995 000

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407 m² Commercial space in Newlands

20 7 20 1165 m² 407

Mixed Lodge and B and B Accommodation, well maintained face brick house with large garden and ample parking. Be bold and make an offer!!

Average of R4 000 rent p.m.p.r. Previous meals offered generated additional R 30 000 + p.m.

407m2 GROSS LETTABLE AREA.

ROI currently between 5% and 8%. Future ROI of 12% can be achieved.

Not VAT registered. Transfer fees will apply.

Property details

  • Listing number T3168968
  • Property type Commercial
  • Erf size 1165 m²
  • Floor size 407 m²
  • Rates and taxes R 4 500

Property features

  • Bedrooms 20
  • Bathrooms 7
  • Open Parkings 20

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