Commercial Gold in Morningside
Welcome to Villa Libra the heritage of Morningside standing strong for 118 years.
This amazing property has been divided into three sectional titles owned by one entity.
Section 1: 215m2
Section 2: 117m2
Section 3: 96m2
The possibilities are endless with this property. 2 of the 3 Sections are tenant occupied as well as the Flatlet and the rental is as follows excluding VAT:
Section 1: R 20 172pm (Current)
Section 2: R 12 000pm (Previous tenant)
Section 3: R 11 500pm (Current)
Flatlet: R 870pm (Current) R 4 000pm (Full Occupancy)
Total (At 100% Occupancy): R 47 672pm
This is the perfect commercial space for various businesses, there is plenty of parking (18 Secure Open Bays) and every security measure you can think of has already been implemented.
The current owners have maintained this building so well its a no brainer.
You can run in one of the offices and choose to continue to let the other spaces, your bond costs will be paid for you with the pleasure of growing your equity and reaping the long term rewards of the propertys appreciation.
Don''t miss out ! Contact me to book your exclusive viewing.
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