R 20 000 000

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1500 m² Commercial space in New Park

2424 m² 1500

THE SKY IS THE LIMIT WITH THIS JEWEL

The possibilities for the property is endless

The location is really one of the best in its area

A quickly access to the main road but still close to the CBD

This property is really value for money!!!

Truly a great Investment

This Block of Flats offer - 27 Large Flats

5 x extra-large - R6 450 p.m.

2 bedroom, 1 bathroom, kitchen, lounge and balcony + Pre-paid meter

12 x standard - R6 100 p.m.

2 bedroom, 1 bathroom, kitchen and lounge + Pre-paid meter

10 x Bachelor - R5 330 p.m.

1 bedroom, 1 bathroom, kitchen, lounge and balcony + Pre-paid meter

Total income - R1 905 000 annual

Parking available for 30 vehicles

This rent included 1 parking per flat. Some tenants pay an additional R150 for extra parking

Erf Size : 2424m2

Rates - R13 000 p.m - R143 280/annually

Lights and Water +- R5000 /month variable

The roof has been waterproofed by Tenelle Waterproofing in 2021 with a guarantee of 10 years

THE BUILDING CAN BE CONSIDERED TO SELL WITH THE COMPANY AT AN ADDITIONAL COST.

It is not a vat registered company. Price does not include vat

Contact us to view this Property

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Property details

  • Listing number T4614845
  • Property type Commercial
  • Erf size 2424 m²
  • Floor size 1 500 m²
  • Rates and taxes R 13 000

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