R 3 700 000 | building property for sale in athlone

BUSINESS (CLOSE CORPORATION) SOLD WITH BUILDING WHICH WILL SAVE YOU ON TRANSFER COSTS! A good investment opportunity situated in the heart of Athlone CBD. Athlone is rapidly developing into a prime business district with the City Of Cape Town planning to develop My city bus lanes all around Athlone leading into the city. The building consists of 4units in total, 3 being leased out as businesses and one as a massive living space which can easily be developed into business space. The property boast a huge yard leaving lots of room for further development. Property Breakdown -Athlone CBD -502Sqm Business zoned (local business2) -4 units in total with potential to be converted into additional units. -Current rental income - R21000.00 per month - Huge yard space for additional extention Contact agent for further details