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R 1 480 000

Commercial Property for Sale in Witbank Ext 3

Witbank Ext 3, Witbank

Contact broker for street address

445 m²

Contact Broker

Zizzilee van Niekerk

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Commercial property for sale in bustling area of Witbank

Excellent business opportunity with an existing lease contract of R10 000.00 per month until July 2025, and separate offices for an extra potential + R10 000.00 per month.

The property consists of two buildings; an approximate under-roof area, and a combined lettable area of approximately 445m².

- house with 5 offices;

- kitchen

- bathroom

- huge shed, yard space, and a container

- second building with offices, (approximately 262m²), which is rented.

The property is located on a busy street corner, and the adjacent property by the seller is also for sale on request. Consolidating the two properties totals 1952m² = (972m² and 980m²).

Commercially zoned for:

- distribution depo

- wholesale trade

- storage

- warehouses

- cartage and transport

- computer centers

- offices

ROI is 12%

Gross Income: R240 000.00

Nett Income: R180 000.00

Listing number: P24-114882556, Image number: 1

Listing number: P24-114882556, Image number: 2

Listing number: P24-114882556, Image number: 3

Listing number: P24-114882556, Image number: 4

Listing number: P24-114882556, Image number: 5

Listing number: P24-114882556, Image number: 6

Listing number: P24-114882556, Image number: 7

Listing number: P24-114882556, Image number: 8

Listing number: P24-114882556, Image number: 9

Property Overview

Listing Number

114882556

Type of Property

Commercial Property

Description

Office

Listing Date

03 September 2024

Gross Price

R 1 480 000

Availability Date

01 November 2024

Erf Size

980 m²

Floor Size

445 m²

Rates and Taxes

R 2 276

Zoning

General Business

External Features

Parking

On street parking, Secure parking, Triple parking, Visitor parking

Building

Multi Tenanted

Yes

Style

Colonial

Facing

North

Roof

Galvanised Steel

Wall

Brick

Window

Steel

Standalone Building

Yes

Other Features

Nearby Public Transport

Bus, Minibus Taxi

Internet Access

Fibre

Points of Interest

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