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Hardware Shop with a view
R 3,500,000
Can I afford this?13 Photo(s)
1 year ago626 views
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General Details
Location:
Description
Welcome to an amazing opportunity to own a profitable and well-established hardware business located in the center of Scottburgh. This is an incredible chance for you to make a smart investment.
This business has proven to have great returns and offers tons of potential for growth. It's guaranteed to be the opportunity of the year! With a secure lease in place, this business has been under one owner for almost 30 years.
This is the perfect business for early retirees who are looking for an above-average income while enjoying the coastal lifestyle. The experienced staff and management team in place will ensure that your transition into ownership will be seamless.
Don't let this amazing opportunity pass you by! Call us today for more information. We look forward to hearing from you and helping you make this business your own.
Property Reference #: 2048274
Agent Details:
Nicky Holloway
Grounded Real Estate
Investment Place Office Park, Block C, 111 10th Road, Hyde Park, Sandton, 2196
Rosebank
Johannesburg
2196
This business has proven to have great returns and offers tons of potential for growth. It's guaranteed to be the opportunity of the year! With a secure lease in place, this business has been under one owner for almost 30 years.
This is the perfect business for early retirees who are looking for an above-average income while enjoying the coastal lifestyle. The experienced staff and management team in place will ensure that your transition into ownership will be seamless.
Don't let this amazing opportunity pass you by! Call us today for more information. We look forward to hearing from you and helping you make this business your own.
Property Reference #: 2048274
Agent Details:
Nicky Holloway
Grounded Real Estate
Investment Place Office Park, Block C, 111 10th Road, Hyde Park, Sandton, 2196
Rosebank
Johannesburg
2196
Id Subtitle 1169661347
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Estimated monthly repaymentR 37,930
Total property loan amountR 3,500,000
Total interestR 5,603,140
Total repaymentR 9,103,140
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Grounded Real Estate
Selling for 3+ years
Total Ads461
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611.36KTotal Views
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1
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Location is everything! This property is situated on the main street of Scottburgh, close to the Police Station, Court House and Checkers. It is a perfect investment opportunity as commercial properties are rare to find. This property comes with 5 rooms, kitchen and includes a reception area. There is one bathroom, with shower, toilet and basin. The property does requires renovations, but can be used as an office or retail space. There is a large yard for ample vehicles to park, a large garden to tasteful design and a tandem garage at the back of the property. There is also street parking available. This property has 2 road accesses making it even more convenient. There is an outside customers toilet. Lots of potential as property does come with approved plans for flats on the top and retail stores at the bottom. Property is fully fenced.Property is zoned commercial multi retail office space. Scottburgh is a well known tourist area, enjoy the beach, diving and fishing. Boasting shopping malls and restaurants, this well developed town also has a medical center, banks and many chain stores. Under a few minutes drive to the beach. There is a primary and secondary school for the kids in the area. Its neighbouring town is Umkomaas, which as well, is fully fledged town for your convenience. Investing in this area is well worth it!!Kindly take note that the information available on this advert has been gathered from different sources. Please also note omissions and errors excepted.Rates And Taxes: 1200Property Reference #: 10645Agent Details:Safiyya VardenPROpropDura Office Park, Unit 1, 90 Escom Road, New Germany, Durban
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