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Prime Commercial Property in Vereeniging - High Rental Income Potential!
R 9,500,000
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1 month ago20 views
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General Details
Location:
Description
Discover an exceptional investment opportunity in the heart of Vereeniging with this prime commercial property. Boasting five main businesses that generate a combined monthly rental income of R90,000, this property offers a lucrative return on investment. Additionally, the property features ample private parking at the rear, adding convenience for both tenants and customers.
Among its key amenities, the property includes a spacious cooler room and a secure gate at the rear entrance for added security. Furthermore, there are multiple offices and rooms that present the potential for additional income through renovation. The buyer will acquire a full title deed, providing complete ownership and control over the property. With a total land size of 1983 square meters, there is ample space for further development or expansion to maximize returns.
Don't miss out on this rare opportunity to own a versatile commercial property with existing income-generating businesses and potential for further growth. Contact us today to schedule a viewing and secure your investment in this sought-after location in Vereeniging.
Rates And Taxes: 7400
Property Reference #: 2238593
Agent Details:
Fayaz Topia
The Agents And Associates
101 Vermooten Street, Brackenhurst, Alberton, 1448, Gauteng, South Africa
Among its key amenities, the property includes a spacious cooler room and a secure gate at the rear entrance for added security. Furthermore, there are multiple offices and rooms that present the potential for additional income through renovation. The buyer will acquire a full title deed, providing complete ownership and control over the property. With a total land size of 1983 square meters, there is ample space for further development or expansion to maximize returns.
Don't miss out on this rare opportunity to own a versatile commercial property with existing income-generating businesses and potential for further growth. Contact us today to schedule a viewing and secure your investment in this sought-after location in Vereeniging.
Rates And Taxes: 7400
Property Reference #: 2238593
Agent Details:
Fayaz Topia
The Agents And Associates
101 Vermooten Street, Brackenhurst, Alberton, 1448, Gauteng, South Africa
Id Subtitle 1275019566
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Estimated monthly repaymentR 102,953
Total property loan amountR 9,500,000
Total interestR 15,208,522
Total repaymentR 24,708,522
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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The Agents And Associates
Selling for 3+ years
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