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Calling all Investors

R 1,475,000

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12 days ago30 views
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General Details
Description
**Prime Multi-Tenanted Commercial Property in Central Kimberley – An Unmissable Investment Opportunity**

Discover the potential of this well-priced property, ideally located on the bustling Du Toitspan Road, presenting an exceptional blend of business and residential income opportunities. This property is strategically positioned in the heart of Kimberley's thriving business hub, offering excellent exposure and easy access for both tenants and clients.

The front section of this versatile property features a polished office or showroom area, complete with a private office and bathroom facilities. This space is perfectly suited for a small business, retail outlet, or professional practice, ensuring a professional setting to meet your business needs.

At the rear of the property, two well-maintained apartments provide attractive residential rental opportunities. Each apartment boasts its own private entrance, ensuring privacy and convenience for tenants. The 1-bedroom apartment currently generates a steady rental income of R2,500 per month, while the 2-bedroom apartment achieves R4,500 per month. These affordable units are highly sought-after, guaranteeing a consistent stream of rental income.

The combined rental income from the office/showroom and the two apartments comfortably supports bond repayments, providing additional profit potential for the owner each month. This property is an ideal investment for those seeking strong monthly returns or an excellent opportunity for owner-occupiers looking to leverage rental income.

**Key Features:**

- Prime location on Du Toitspan Road
- Multi-tenant configuration: showroom or office plus 2 residential units
- Separate entrances for each residential unit
- Strong and reliable monthly rental income
- Ideal investment for both investors and owner-occupiers
- Secure and central position in Kimberley's business district

Don't miss out on this fantastic opportunity to own a prime piece of Kimberley's commercial real estate. Contact us today for friendly and professional service, and let us guide you through this exceptional investment opportunity.

Rates And Taxes: 4689
Property Reference #: 2434302

Agent Details:
Roleen van Niekerk
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301

Id Subtitle 1342870913
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Estimated monthly repaymentR 14,975
Total property loan amountR 1,475,000
Total interestR 2,118,911
Total repaymentR 3,593,911
Interest rate at 10.75% 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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Home Property Group SA (PTY) LTD
Selling for 3+ years
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