R 1 800 000
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881 m² Commercial space in Evander

881

This commercial building is located in the CBD of Evander and consists of 9 small shops of which 8 are currently rented out.

The current monthly income from these 8 tenants amounts to R27 000 pm, potentially increasing to R30 000 pm.

This provides an investment yield of 12.5% on the capital invested.

The current tenants will remain in the building upon the sale thereof.

The building needs some repainting and TLC but is considered a good investment.

Call us today for viewing.

Property details

  • Listing number T3784550
  • Property type Commercial
  • Floor size 881 m²
  • Rates and taxes R 2 500

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