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R 2 300 000 | retail property for sale in brenthurst

Property Description


Excellent Business Investment Opportunity. Double Storey complex with a corner butchery, and 8 flats all rented out at a unit income of R3900,00 per unit and the Butchery contributes a further R7,000 a month in rental. The full return per month for rental of the entire building is R38,000 per month. Great return. Very good Business Opportunity. The income more than covers the bond. Face Brick ensures low maintenance. The roof has been revamped about 3 years ago. Lots of convenient stores in this busy area of Brenthurst. Close to all amenities and huge potential to get even a better return. All Flats have prepaid meters for electricity and water. The Butchery is also separately metered. Don't delay on this great opportunity. A great investment that pays dividends from day one.


Property Details

Property Features8 Flats and a Butchery, Building Name: Louis Sentrum, Level Number: 2

Purchase PriceR 2 300 000

Type of PropertyRetail

Last Updated31 Aug 2020

Property Location


Address28 Van Zyl Street, Brenthurst

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Property Location


Agent

Stan Morgan

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