Land Area 1487 m²
Commercial - Shops and flats
Investment property with 21 flats, spacious retail shop of 630 sqm and separate shop.
The caretaker stays in one flat without paying rent.
She collects the rent on behalf of the owner currently.
Current rental income R79250 including VAT.
Currently negotiations to rent out the retail shop for about R35000 which will bring rental income up to R109250.
Pre-paid electricity in shops and flats.
Lease agreements with yearly increases are available.
Key Property Features
27
Bedrooms
19
Bathrooms
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