445 m² Commercial space in Witbank Central
Commercial property for sale in bustling area of Witbank
Excellent business opportunity with an existing lease contract of R10 000.00 per month until July 2025, and separate offices for an extra potential + R10 000.00 per month.
The property consists of two buildings an approximate under-roof area, and a combined lettable area of approximately 445m.
- house with 5 offices
- kitchen
- bathroom
- huge shed, yard space, and a container
- second building with offices, (approximately 262m), which is rented.
The property is located on a busy street corner, and the adjacent property by the seller is also for sale on request. Consolidating the two properties totals 1952m = (972m and 980m).
Commercially zoned for:
- distribution depo
- wholesale trade
- storage
- warehouses
- cartage and transport
- computer centers
- offices
ROI is 12%
Gross Income: R240 000.00
Nett Income: R180 000.00
Property details
- Listing number T4774112
- Property type Commercial
- Listing date 3 Sep 2024
- Land size 980 m²
- Floor size 445 m²
- Rates and taxes R 2 276