This corner property includes 3 retail shops on the ground floor, generating R4000, R4000, and R3000 in rental income. Additionally, there is a 1-bedroom cottage with a toilet and shower. On the first floor, the offices have been converted into a spacious apartment with 3-4 bedrooms, a bathroom, and a guest toilet, bringing in a rental income of R5000. The second floor features 3 apartments, each with 1 bedroom, a built-in cupboard, a lounge, a kitchen, and a bathroom, generating a rental income of R3800 per apartment. All units are equipped with pre-paid water and electricity meters, and the property has rates and taxes of R7000. This is a great investment opportunity with multiple income streams.
To conclude. this corner property consists of the following features:
Ground floor
- 3 retail shops. Rental income R4000, R4000, R3000.
- 1 bedroom cottage with...
This corner property includes 3 retail shops on the ground floor, generating R4000, R4000, and R3000 in rental income. Additionally, there is a 1-bedroom cottage with a toilet and shower. On the first floor, the offices have been converted into a spacious apartment with 3-4 bedrooms, a bathroom, and a guest toilet, bringing in a rental income of R5000. The second floor features 3 apartments, each with 1 bedroom, a built-in cupboard, a lounge, a kitchen, and a bathroom, generating a rental income of R3800 per apartment. All units are equipped with pre-paid water and electricity meters, and the property has rates and taxes of R7000. This is a great investment opportunity with multiple income streams.
To conclude. this corner property consists of the following features:
Ground floor
- 3 retail shops. Rental income R4000, R4000, R3000.
- 1 bedroom cottage with toilet and shower.
First floor
- Offices were converted into a huge apartment - 3 to 4 bedrooms, a bathroom and a guest toilet. Rental income R5000.
Second floor
- 3 apartments. Each apartment has 1 bedroom with a built-in cupboard, a lounge, a kitchen and bathroom. Rental income R3800 per apartment.
All units are fitted with pre-paid water and electricity meters.
Rates & Taxes: R7000.