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An appealing freehold commercial building with shops on the ground floor, monthly rent of R 153 556.00 p/m and residential flats on top with an income rental of R 109 130.00 p/m. Separate front entrance to 80 retail container units with an income of R 318 466.00 p/m. The gross expenses are R 200 499 p/m with an annual total of R 2 405 988.00 and an income total of R 6 973 824.00, leaving a net of R 4 567 836.00 annually. Block of apartments x25 units. Vibrant & busy part of CBD. 80 x Retail container units 12 x Retail shops 25 x Flats
Purchase Price R 38 000 000
Type of PropertyBusiness
Last Updated23 May 2023
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