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R 3 990 000

Commercial Property for Sale in Lyttelton Manor

Lyttelton Manor, Centurion

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571 m²

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Hilton Park business building FOR SALE - right in the middle of Centurion!

The building can be used as one company / business or used for different businesses. Perfect for a China mall setup!

Perfect budling to start a doctors practice or Attorneys practice or any practice.

Braai facilities outside, kitchen & guest bathroom + 2 servants rooms with en-suite bathrooms.

Security & also electric fencing with a remote gate and fence around the building. Alarm system. Opposite the building is a busy mall.

Allot of parking inside the business complex.

Store room, care taker room & Carports available.

Call me directly for a viewing appointment.

Estimated Monthly Rental Income

Unit Size Rent Monthly Rental Tenant Status

(m2) (R/m2)

1A 111 R 110 R 12 210 Engravers

1B 103 R 96 R 9 888 Asamoah Hair

2 150 R 80 R 12 000 Vacant office

3A 101 R 90 R 9 090 Vacant office

3B 27 R 105 R 2 835 Lyttelton Barber

3C 49 R 110 R 5 390...

The building can be used as one company / business or used for different businesses. Perfect for a China mall setup!

Perfect budling to start a doctors practice or Attorneys practice or any practice.

Braai facilities outside, kitchen & guest bathroom + 2 servants rooms with en-suite bathrooms.

Security & also electric fencing with a remote gate and fence around the building. Alarm system. Opposite the building is a busy mall.

Allot of parking inside the business complex.

Store room, care taker room & Carports available.

Call me directly for a viewing appointment.

Estimated Monthly Rental Income

Unit Size Rent Monthly Rental Tenant Status

(m2) (R/m2)

1A 111 R 110 R 12 210 Engravers

1B 103 R 96 R 9 888 Asamoah Hair

2 150 R 80 R 12 000 Vacant office

3A 101 R 90 R 9 090 Vacant office

3B 27 R 105 R 2 835 Lyttelton Barber

3C 49 R 110 R 5 390 Vacant Shop

Store room 18 R 1 500

Care taker room 12 R 1 500

Carports 13 R 150 R 1 950

Total 571 R 56 363

Municipal: Rates and Taxes R 6 458

Municipal: Utilities not recovered R 1 000

Insurance R 655

General Maintenance Allowance R 2 800

Armed Response R 135

Gardens and Exterior R 1 000

Total R 12 048

Selling Price Calculation

Gross Income per year R 676 356

Operating Expenses per year R 144 581

Net Income per month R 44 315

Net Income per year R 531 775 R 531 775

Selling price calculation at return of: 13% R 4 090 577

Servants Quarters: Yes (two separate rooms with kitchenette

Transfer Costs: Transfer Duty

Patio: Yes

Listing number: P24-112358432, Image number: 1

Listing number: P24-112358432, Image number: 2

Listing number: P24-112358432, Image number: 3

Listing number: P24-112358432, Image number: 4

Listing number: P24-112358432, Image number: 5

Listing number: P24-112358432, Image number: 6

Listing number: P24-112358432, Image number: 7

Listing number: P24-112358432, Image number: 8

Listing number: P24-112358432, Image number: 9

Property Overview

Listing Number

112358432

Type of Property

Commercial Property

Listing Date

23 February 2023

Erf Size

1 586 m²

Floor Size

571 m²

Rates and Taxes

R 6 458

Facilities

Bathrooms

External Features

Parking

25 Open Parking

Other Features

Security

Totally Fenced, Security Gate

Special Feature

Built in Braai, Paveway

Points of Interest

Bond Calculator

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.