Accepting Offers.
DESCRIPTION:
Unique and highly sought after commercial building with opportunity to add so much more. Potential galore.
An investors dream, currently the apartments are making ±R25,000 per month and church space with an office which is very high in demand and could achieve an additional ±R25,000 plus per month.
Opportunity to easily make over 10 % yield.
Option to put in a supermarket.
Possibility of extending another level and adding more apartments or retail.
Currently consists of:
• 5 x 1 Bedroom apartments
• 5 x 2 Bedroom apartments
• 1 x 3 Bedroom apartment
• Outside courtyards
• Office
• Church
• Kitchen
• Two toilets
Development potential.
Situated in a sought after Road in the area with big potential.
DETAILS:
• Erf Size: 991m²
• Zoning: Local Business 2
DISCLAIMER:
The information supplied in this advert does not...
Accepting Offers.
DESCRIPTION:
Unique and highly sought after commercial building with opportunity to add so much more. Potential galore.
An investors dream, currently the apartments are making ±R25,000 per month and church space with an office which is very high in demand and could achieve an additional ±R25,000 plus per month.
Opportunity to easily make over 10 % yield.
Option to put in a supermarket.
Possibility of extending another level and adding more apartments or retail.
Currently consists of:
• 5 x 1 Bedroom apartments
• 5 x 2 Bedroom apartments
• 1 x 3 Bedroom apartment
• Outside courtyards
• Office
• Church
• Kitchen
• Two toilets
Development potential.
Situated in a sought after Road in the area with big potential.
DETAILS:
• Erf Size: 991m²
• Zoning: Local Business 2
DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.
The Claremart Group is a leader in commercial and residential properties. We attract huge crowds to our auctions and consistently match and exceed the mandated price on properties sold under our hammer.