Commercial space in Napier

R 1 480 000

Jacques de Lange

Rawson Property Group-Cape Agulhas

Commercial space in Napier

R 1 480 000

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Land Area 1319 m²

This small and manageable complex is situated in and services the Nuwerus community of Napier. It is an good business opportunity with multiple avenues of rental income. 3 Spacious street front shops. Shop 1 occupied by community cafe'' @ R4,400.00 per month, Shop 2 (Take away shop) - occupied by owner himself (Rent at R3000 per month), Shop 3 (was occupied by liquor store until recently @ R3000 per month) Add to this a 1 bedroom, 1 bathroom granny flat that could fetch R2000 per month and an uncompleted house that should bring in R3500 per month and you''ve got a possible projected rental income of R15,900 per month. That should just about cover the bond as well as some additional building costs to complete the house. It also boasts a double garage, full fencing and automated gate. The take away shop (business only) is also for sale by the owner at R120,000 as a separate entity.

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Jacques de Lange

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Commercial space in Napier

R 1 480 000

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