Property description
A WELL MAINTAINED MULTI STORY COMMERCIAL PROPERTY WITH SERVICE STATION
Situated in the heart of a bustling commercial district on a major arterial route, this profitable, well maintained four-story building offers a prime investment opportunity.
The property is easily adaptable to accommodate a variety of needs, including residential.
• WHAT YOU ARE BUYING:
• A profitable tri- lease service station with a large forecourt and shop. Engen is wanting to extend for a further 20 years
• Fuel company rebate approximately R10000.00pm
• Return on investment 10.98% calculated over 10 years.
• First floor – a secured 34 parking bay parking garage and small factory/warehouse area.
• Second & third floor – offices jewellery manufacturer and other areas, church and crèche
• Fourth floor – open plan warehouse/ factory area with offices and ablutions.
• A fully secured property with alarms and CCTV
• Land extent 1327 m2.
• Total area under roof 5720 m2 – lettable area 5201 m2.
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Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
