New
Sole Mandate
- 1 253 m2
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Property description
If you are looking for a positive cashflowing investment property, this is it. This commercial property comprises of a mixture of workshops as well as residential units. Each room has its own prepaid meter for water & electricity. The current total income is R24 000 with only R4 500 as expenses which makes it a return of more than 19% on your investment.
There are 2 empty rooms that can give you an additional R4 000 income. Well positioned just opposite Piere 14.
The building consists 8 flats (6 bachelor flats and a 2 bedroom flat), 3 workshops that has 2 big garages , 1 small shop with each unit having its own prepaid electricity and prepaid water.
Address: 6 Robertson street, North End
Call now to arrange a viewing.
Property Details
Property Features
Erf Size | 1 253 m2 |