Don''t miss out on the opportunity of a lifetime! Rental income from this property can easily cover a bond, with a net profit of approximately R642,072.00 per annum. Located just outside Brits along a busy main road, this property is ideal for various businesses.
Key features of the property include:
30 Self Storage Units: Offering a total of 610m2 of storage space.
Workshop and Offices: A spacious area totaling 1580m2, perfect for workshop activities and office operations.
6 Houses: Providing a total of 610m2 of residential space.
Room for Expansion: Ample space available to build an additional 5 residential units.
Paved Areas: Large sections of the property are covered with paving, ensuring easy access and convenience.
Pre-paid Electricity: Enjoy the convenience of pre-paid electricity for efficient management.
Borehole Water: The property benefits from a borehole water supply.
Security Features: Security beams and cameras are in place to enhance safety and security.
Roadside Development Potential: The property offers space to build along the main roadside of the R511 road.
Net Profit: The property generates a net profit of R642,072 per annum, providing a return on investment (ROI) of approximately 11.6%.
VAT and Seller Registration: VAT is payable on the selling price, and the seller is registered for VAT.
Private Appointment: Call now to schedule a private appointment and view this remarkable investment opportunity.
Registered Agent: The agent is registered with the Property Practitioner Regulator Authority, with registration number [removed].
Indeed, this property presents a highly advantageous investment. Don''t delay - contact us now to explore the potential of this exceptional property.
Key Property Features
Contact Agent
Need a home loan?
