756 m² Commercial space in Bloemfontein

R 5 830 000

Llewellyn Pelser (Jr)

National Real Estate

William Wiggel

National Real Estate

756 m² Commercial space in Bloemfontein

R 5 830 000

Can I afford this?
Floor Area 756 m²
Rates R 49953

Block of Flats for sale in CBD.

Double storey apartment block consisting of 12 apartments and one cafe.

If this property is well managed it will be a fantastic investment.

Income and expenses :

Income:

Unit 1: R 3 206.50

Unit 2: R 2 860.00

Unit 3: R 3 206.50

Unit 4: R 3 206.50

Unit 5: R 3 206.50

Unit 6: R 3 000.00

Unit 7: R 2 800.00

Unit 8: R 1 100.00

Unit 9: R 2 805.00

Unit 10: R 3 000.00

Unit 11: R 3 000.00

Unit 12: R 2 915.00

Corner Café (expires 31/08/2018) R 14 819.69

Gross Monthly Income R 49 125.69

Gross Annual Income R 589 508.28

Expense / Annually:

Rates & Taxes R 49 952.76

Insurance R 11 760.00

Wages R 12 000.00

Maintenance R 12 000.00

Annual Expense Total (R 85 712.76)

Nett Annual Income R 503 795.52

PURCHASE PRICE: R 5 830 000

Read More

Email the Agents or request the agents Call You Back should you wish  to set up an appointment to view this property or ask for more details.

Contact Agents

Sending Message...
By sending, you agree to Private Property's terms and conditions

Photo Gallery

Llewellyn Pelser (Jr)

Llewellyn

Pelser (Jr)

William Wiggel

William

Wiggel

Share this Property

Need a Home Loan?

R
R
*
%
 
Monthly Repayment

Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 10.25% for 20 years
Apply for pre-approval
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

Experience Bloemfontein

For the those who love to feel that they are living a country lifestyle, but are still in a big city, this is the place to live. This is a vibrant area and most of the residents living here are friendly and helpful. Bloemfontein is also a big tourist attraction city as it is so rich with South African history. The residents of this city are big sports lovers and it's the home of the Free State Cheetah’s rugby team.

View of the Loch Logan Waterfront in Bloemfontein
Find out more about Bloemfontein

756 m² Commercial space in Bloemfontein

R 5 830 000

756  m² Commercial space in Bloemfontein photo number 1
756  m² Commercial space in Bloemfontein photo number 2
756  m² Commercial space in Bloemfontein photo number 3
756  m² Commercial space in Bloemfontein photo number 4

Contact Agents

Sending Message...
By sending, you agree to Private Property's terms and conditions

Apply for a Home Loan

Contact
Agents