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Workshop & R30 000 Income Generation
R 4,499,000
Can I afford this?
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10 months ago140 views
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General Details
Location:
For Sale By:Agency
Description
Opportunity knocks!
Workshop & R30 000 Income Generation Potential - Currently R20000
Chicken farming
Ready to own an agricultural business space on one of the busiest roads in Midrand? Look no further.
This property offers endless potential for your business whilst earning a passive income of R24 000 from the tenanted block of flats on separate entrance offering:
* Fully walled(pre-cast and concrete face-brick) and electric fenced boundary;
* 4 x 60sqm 1 bedroom flats;
* 1 x duplex 120sqm flat;
* All on gas geysers and stoves;
* 4 parking bays with covered port;
* pre-paid electricity meters on all buildings;
Workshop area offers:
-360sqm Workshop with walk-in safe, office upstairs, bathroom and storage;
-10 servants rooms on temporary structures,
- staff room with geyser ablution facility and tea area,
In addition:
-2 x aquaponics systems in place,
-entire property on borehole offering 600 gallons of water per hour,
-Lots of fruit trees including an avocado tree
-3 Phase 25KVA power,
-turn circle for horse and trailer trucks,
-ramp for trucks to load and off-load goods,
Call for viewing.
Property Reference #: PTR527
Agent Details:
Mary Sakoane
PropertyTime
Midrand
Workshop & R30 000 Income Generation Potential - Currently R20000
Chicken farming
Ready to own an agricultural business space on one of the busiest roads in Midrand? Look no further.
This property offers endless potential for your business whilst earning a passive income of R24 000 from the tenanted block of flats on separate entrance offering:
* Fully walled(pre-cast and concrete face-brick) and electric fenced boundary;
* 4 x 60sqm 1 bedroom flats;
* 1 x duplex 120sqm flat;
* All on gas geysers and stoves;
* 4 parking bays with covered port;
* pre-paid electricity meters on all buildings;
Workshop area offers:
-360sqm Workshop with walk-in safe, office upstairs, bathroom and storage;
-10 servants rooms on temporary structures,
- staff room with geyser ablution facility and tea area,
In addition:
-2 x aquaponics systems in place,
-entire property on borehole offering 600 gallons of water per hour,
-Lots of fruit trees including an avocado tree
-3 Phase 25KVA power,
-turn circle for horse and trailer trucks,
-ramp for trucks to load and off-load goods,
Call for viewing.
Property Reference #: PTR527
Agent Details:
Mary Sakoane
PropertyTime
Midrand
Id Subtitle 1216259092
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Estimated monthly repaymentR 48,756
Total property loan amountR 4,499,000
Total interestR 7,202,436
Total repaymentR 11,701,436
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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Selling for 3+ years
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3 Phase ESCOM power
Municipal Water
Borehole x2 (one equipped and coupled to water supply)
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Outbuildings.
1x ensuite domestic helper room
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7 x en-suite "studio type" rooms with small kitchenettes for rental income
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Build your dreamhouse and add the existing house to the rental pool.
Reason for selling:
Owner nearing retirement.
Atlernative number 0828864436
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