324 m² Office Space in Port Shepstone

R 5 250 000

Ronel Kotze

Key West-Estates

324 m² Office Space in Port Shepstone

R 5 250 000

2 Beds
3 Baths
Floor Area 324 m² Land Area 4600 m² Rates R 4500

Brilliant buy for a developer close to the sea.

This large 324 sq meter house close to the sea can earn you a stable monthly income of R60 000 based on current leases that are in place with tenants.... The current owner utilizes over 300 sq meters for his manufacturing business. The new buyer can rent out the large area for additional income.

Brilliant location and so much potential for developers or an investor with excellent return on investment. Sogho homes work shop is equipped with a spray booth and 4-post car hoist. Car ports not included in square meters listed. Current rental income - Allegro, Sogho and Amadiba is R36000.00 (amadibas rent was lowered, additional R7000 poetential). Additional potential income on remainder, house, storage garages, work shop and container house +/- R25000.00

The current owner has been in business for 20 years and extremely profitable.

The house on the property consists of: Upstairs - Open plan lounge/dining room and kitchen, 2 bedrooms each with en-suites. Downstairs - Full bathroom, Packing space under the stairs, Lounge, 1 large bedroom which has been converted to 2 small bedrooms with a study area. There is also a mancave with an enclosed braai area and 2 garages which is part of the mancave. Large Patio with a swimming pool.

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Key Property Features

3
Bathrooms
2
Bedrooms

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324 m² Office Space in Port Shepstone

R 5 250 000

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