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 Features8 Flats and a Butchery, Building Name: Louis Sentrum, Level Number: 2
Purchase PriceR 2 300 000
Type of PropertyRetail
Last Updated31 Aug 2020