Commercial space in Primrose

R 4 700 000

Malefa Kekana

Auction Exchange (Pty) Ltd

Commercial space in Primrose

R 4 700 000

Can I afford this?
Land Area 863 m²

Retial & Residential

Net Annual Income: ±R 585 312 - 12% Yield

A two storey building with 3 shops, 5 apartments and 5 rooms at the back of the property.

The 3 shops are tenanted by one tenant with a two year lease..

The property consists of 2 x one bedroom, 2 x two bedroom and 1 x four bedroom apartments.

All the apartments feature an open plan lounge and kitchen and separate bathroom.

The 5 rooms consists of 2 x rooms which are serviced by the communal bathrooms, 3 x bachelor style rooms with shower and toilet bathrooms

All the apartments and rooms are fully tiled and have individual pre-paid water meters and electricity meters.

Each shop has been fitted with burglar bars, burglar doors, pre-paid electricity meters and they open onto a covered walkway.

There are 2 garages which are currently being used and charged for as storage units.

Secure open, uncovered parking is available for 6 cars at the back of the property.

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Malefa Kekana

Malefa

Kekana

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Experience Germiston

Living in this area makes travelling to work and other activities much easier, as it is centrally located to the surrounding neighbourhoods of Alberton, Boksburg, Bedfordview and Johannesburg South. Most amenities are within a short distance and the close community give this neighbourhood a feeling of security.

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Commercial space in Primrose

R 4 700 000

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