407 m² Commercial space in Newlands

R 3 995 000

Buks van der Linde

RE/MAX Jacaranda Pretoria East

Robyn Billett

RE/MAX Jacaranda Pretoria East

407 m² Commercial space in Newlands

R 3 995 000

Address: 149 loskop street
20 Beds
7 Baths
Floor Area 407 m² Land Area 1165 m² Rates R 4500

Major price reduction. Well maintained face brick house with large garden and ample parking.

20 Large Bedrooms @ average of R4 000 rent p.m.p.r.

407m2 GROSS LETTABLE AREA.

CURRENT NETT INCOME: R 75 000 Exp. R 20 000 = R 55 000

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

Meals (supper only) were provided but discontinued during COVID. Additional income of R 30 000 + p.m.

Used as mixed, lodge and B B accommodation.

Not VAT registered. Transfer fees will apply.

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Key Property Features

7
Bathrooms
20
Bedrooms
20
Open Parkings

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Buks van der Linde

Buks

van der Linde

Robyn Billett

Robyn

Billett

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Experience Pretoria East (South)

This neighbourhood caters for a broad range of people. Shopperholics can get their fix at one of the large malls. Those seeking entertainment or a good meal have plenty of choices. For nature lovers Rietvlei Nature Reserve offers fishing, game viewing, hiking and cycling.

Canoeing on a dam in Pretoria East (South)
Find out more about Pretoria East (South)

407 m² Commercial space in Newlands

R 3 995 000

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