Land Area 1253 m²
If you are looking for a positive cashflowing investment property, this is it. This commercial property comprises of a mixture of workshops as well as residential units. Each room has its own prepaid meter for water andamp electricity. The current total income is R24 000 with only R4 500 as expenses which makes it a return of more than 19% on your investment.
There are 2 empty rooms that can give you an additional R4 000 income. Well positioned just opposite Piere 14.
The building consists 8 flats (6 bachelor flats and a 2 bedroom flat), 3 workshops that has 2 big garages , 1 small shop with each unit having its own prepaid electricity and prepaid water.
Address: 6 Robertson street,North End
Call now to arrangeaviewing.