R 2 495 000 | building property for sale in turffontein

A unique opportunity with five apartments and nestled in the heart of Turffontein situated on Corner Garden Street and Bellavista, one of the most sought after positions within the Turffontein area. The Premises is surrounded by properties that support the market value in both avenues as a thriving Business Sector with Residential properties as the backbone. Details: - Stand Size: 669sqm. - Four Gated & Private Entrances into the Businesses as well as the Apartments. - Plastered Boundary & Palasade Walls. Main Building: - 4 x 1 Bedroom Apartments - 1 x 2 Bedroom Apartments - Lounge. - Dining Room - Kitchen - Conservative Estimate on ROI - R4,000 to R5,500 Per Month. A Total Conservative ROI of R20,000 Per Month. Business Premises: - Mechanic Workshop with 3 Bays - Store Room - Private Use Bathrooms for Employees - Undercover Working Bays - Current ROI - R11,000 Per Month. Secondary Business Premises: - Dealership with Washing Bay - 10 Parking Bays as well as Outside Parking - Communal Use Bathrooms for Employees - Undercover Working Bays - Current ROI - R8,000 Per Month. Tertiary Business Premises: - Liquor Store - Store Room & Communal Retails Space - Private Use Bathrooms for Employees - Private Offices at an additional R2000 a month. - Current ROI - R7,750 Per Month. An Ideal Investment with a Conservative Return on Investment of R40,000 a month for an Investor looking for a positive Return on his Investment. All Lease Agreements and Municipal Bills are on hand per request. All further information is available on request. Please do not hesitate to contact me should you require.