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Commercial Building for sale

R 2,550,000

Can I afford this?
1 month ago111 views
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General Details
Location:
Vryheid, Drakensberg
Size (sqm):952
Description
Exceptional Business Opportunity in Prime Location

Situated in the bustling heart of town, this property offers a fantastic business opportunity. Currently, it hosts six thriving businesses, all of which are rented out, generating a steady income of R22,000 per month. There's also significant potential to increase the rental income further.

The property includes the following units:

Shop 1
- Office Space
- Store Room
- Kitchen
- Toilet

Shop 2
- Office Space

Shop 3
- Kitchen
- Toilet
- Store Room
- Resting Room
- Office Space

Shop 4
- Open Space
- Kitchen
- Toilet

Shop 5
- Open Space
- Kitchen
- Hair Wash Station
- Toilet

Shop 6
- Open Space
- Toilet
- Store Room
- Kitchen

Each unit is equipped with prepaid electricity, ensuring ease of management and operation for tenants.

Don't miss out on this incredible business opportunity! Contact me today to arrange a viewing and explore the potential this property holds.

Rates And Taxes: 8000
Property Reference #: 2267930

Agent Details:
Roxane Erasmus
Dunamis Properties
Postnet Suite 671
Private Bag x37
Lynnwood Ridge,
0040

Id Subtitle 1288339436
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Estimated monthly repaymentR 27,635
Total property loan amountR 2,550,000
Total interestR 4,082,288
Total repaymentR 6,632,288
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Dunamis Properties
Selling for 4+ years
Total Ads834
Active Ads834
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