Industrial Property for sale in Bela Bela

R 4,060,000

Can I afford this?
2 months ago71 views
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Size (sqm):2615
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Description
Welcome to the Bela-Bela Concrete Works factory and business! This is a unique opportunity to own a fully operational business that includes land, factory, housing, and all the necessary molds, equipment, tools, and delivery truck. Total space under roof is 578 square meters.
With this property, you will be able to produce a variety of products such as pre-fabricated walls, stepping stones, flower pots, industrial concrete kerb stones, window sills, pillars, light posts, gutter outlets, tables and benches.
The housing includes a 180 square meter flat with two bedrooms, a bathroom with a shower, basin, and toilet with a dressing room, an open plan lounge, dining room, and kitchen, and a carport for four vehicles. The flat is currently occupied and brings in a monthly rental income of R 5300 including water and electricity. The contract with the tenant terminates at the end of May 2024. The property also includes an office of 20 square meters, a large double garage of 42 square meters, a second double garage currently used as storage of 60 square meters, a large factory of 190 square meters, an equipment and mold room of 54 square meters, a staff kitchen and rest room of 50 square meters with a toilet and basin, and staff change rooms of 36 square meters. The business is registered in a Vat registered close corporation (CC).
There is also a contract signed for a cell phone tower with a rental income of R 5 000 per month escalating at 6% per year
This is a great opportunity to own a business with a variety of products and a great rental income. Don't miss out on this amazing opportunity!

Rates And Taxes: 5820
Property Reference #: 7002001-30736

Agent Details:
Johan van Huyssteen
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261958900
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Estimated monthly repaymentR 43,999
Total property loan amountR 4,060,000
Total interestR 6,499,642
Total repaymentR 10,559,642
Interest rate at 11.75% for 20 years *
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eXp Realty - Steven Johnstone Group
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