R 6 500 000 | business property for sale in springs

HIGH YIELD BLOCK OF FLATS ! EXPANSIVE 3 STOREY BUILDING ! PRIME CORNER STAND ! IMPRESSIVE RETURN ON INVESTMENT ! / This 3 Storey Building Offering: 42 x Flats with Bathroom and kitchenets Mixed type - Bachelors and One Bedroom Units 10X Rooms - Rooms only on Ground floor. Current alterations by owner turning ground floor into 3 Shops ( 1 Large shop and 2 Smaller type shops) Good demand in this area for retail shops hence the alterations. Near completion. Estimated future income -R25k Shops. Flats pay for Electricity and Water Expenses - Rates and under recoveries on Municipal bill. - R25k pm Income: Rental Income Gross - R125k pm (excl Rooms) High demand is evident in the area ensuring low vacancy rates. Call us today to check this out before its taken !!