Commercial space in Windmill Park

R 3 900 000 Negotiable

Riyaadh Mohamed

Choprop Sales & Letting-CHOPROP HOLDING S.A PTY (LTD)

Commercial space in Windmill Park

R 3 900 000 Negotiable

Can I afford this?

Well located in the heart of Windmall Park !!!

Extensive new home development on the go in the area, directly next to the property for sale. In excess of 1000 homes are being built in this area. This is the only retail centre in the vicinity so this bodes very well for the tenants going forward business wise and then of course for the owner of the subject property.

Well located in the heart of Windmall Park Extension 8. Fully tenanted commercial property. Here is the tenant schedule:

Funeral Parlour: R6000pm + R500pm water

Bottle Store: R8000pm + R700pm water

Butchery and Take Away R4000pm including water charges

Supermarket: R8500pm + R700pm water

Doctors Rooms: R3100pm + R250pm water

Hairdressing Salon: R3500pm including water charges

ATM ABSA: R3300pm

MTN Tower: R5500pm

TOTAL INCOME: +/- R44500pm

Electricity pre-paid meters throughout. Water and council sewage charges recovered from tenants.

Rates: +/-R1900pm

NETT INCOME: +/- R41000pm

PRICE: R3.9 Million

RATE OF RETURN or YIELD: 12.6%

Terms of purchase:

-10% deposit PLUS 10%+VAT buyers commission

-Guarantees within 30 days from date of acceptance (or as agreed upon)

.Windmill Park.Boksburg.

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Experience Boksburg

This diverse mining town offers contemporary living with an outdoor touch. Enjoy watersports and family fun in the sun at the Boksburg Lake and the Wild Waters water park. For the regular travellors, O.R. Tambo International Airport is a convenient 15 minutes away. With one of the biggest shopping malls in Johannesburg, Boksburg is a shopper’s delight. Rich in history and culture, this town has museums and historical buildings aplenty.

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Commercial space in Windmill Park

R 3 900 000 Negotiable

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