Floor Area 560 m²
Land Area 860 m²
Rates R 10260
This is a good investment.
A 4 storey tenanted building with an excellent annual return. Long term leases are in place.
On each floor is the following: a kitchenet, a men''s bathroom with two toilets and ladies bathroom with two toilets. This building is kept in good and clean condition.
In the back yard are various parking spaces and carports. All are rented to the tenants in the building.
Economic Viability Analysis was done in December 2022 and is available on request with the plans of the building.
TAKE NOTE: VAT IS NOT INCLUSIVE ON SALE PRICE
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