R 5 000 000 | business property for sale in springs central

Property Description

Comprehensive Breakdown of Rental Income and Expenses Shops: - 7 shops, with 6 currently occupied - Rental income: R27,000 (R4,500 x 6) Calculation: - 2 shops x R3,000 = R6,000 - 3 shops x R4,000 = R12,000 - 1 shop x R5,400 = R5,000 - Total shop rental income: R6,000 R12,000 R5,000 = R23,000 R4,000 (other shop) = R27,400 Flats: - 8 flats, each renting for R3,000 - Rental income: R24,000 (R3,000 x 8) *Rooms:* - 5 rooms, with rentals ranging from R1,100 to R1,800 - Rental income: R28,000 (R1,100 R1,800 other rooms) *Total Rental Income:* - Shops: R27,000 - Flats: R24,000 - Rooms: R28,000 - Water excluded: - Total: R79,000 - R13,000 = R66,000 - R200 = R65,800 *Amenities:* - 4 guest toilets - Store room - Big balcony - Fire exit - Meter room with prepaid meters for each shop - Water charge: R500 per room/flat *Property Features:* - 2-bedroom flats with kitchen and bathroom - Entrance area - Each shop has a backdoor (except hairdresser and safe) - Big and small bathrooms, with some shared facilities


Property Details

Purchase Price R 5 000 000

Type of PropertyBusiness

Last Updated07 Jan 2026

Property Location

Similar Property in nearby suburbs

Agent

Mandla Dennis Mbhele

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