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R 4 450 000

Commercial Property for Sale in Krugersdorp Central

18 Church Street, Krugersdorp Central, Krugersdorp

500 m²

Contact Broker

Anton Schulz

Show Contact Number

Newly-built residential block of 18 pre-paid apartments

Newly-built three storey apartment block well-located within the Krugersdorp CBD. Estimated completion July 2024. Walking distance to the President Hyper shopping centre and all other public amenities. Low maintenance face brick building which comprises 18 open plan studio apartments (6 apartments per floor), fully tiled. Ground floor units are around 18.5 sqm each and the first and second floor units are around 21 sqm each. The property will have 9 parking bays as most tenants would not have cars. Each apartment has a gas geyser, kitchenette plus bathroom with toilet and shower. Electricity pre-paid for each unit. Already a high demand to rent these units - ground floor fully occuppied. The property has a potential total rental income of around R53 000 per month.

**Transfer duty payable by buyer**

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Property Overview

Listing Number

104633864

Type of Property

Commercial Property

Street Address

18 Church Street, Krugersdorp Central

Description

New Development

Listing Date

26 January 2023

Availability Date

01 August 2024

Erf Size

495 m²

Floor Size

500 m²

Levies

R 500

Rates and Taxes

R 1 708

Zoning

General Residential

Building

Gross Lettable Area

500 m²

Points of Interest

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