Commercial Property for sale in the Heart of Smithfield

R 950,000

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3 months ago50 views
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General Details
Size (sqm):941
Description
NEW & EXCLUSIVE

Welcome to Smithfield, a charming small town nestled in the heart of the Free State Province. Known for its idyllic rural farming district, Smithfield offers a serene and picturesque setting for those seeking a peaceful lifestyle. With its prime location along major tourist routes, the town has also seen a rise in tourism, adding an extra touch of vibrancy to the community.

We are delighted to present an exceptional investment opportunity - a building with four shops for sale. This property boasts a prime location in Smithfield, ensuring high visibility and easy accessibility for both residents and visitors alike. Currently, all four shops are occupied by reliable and long-standing tenants, generating an approximate monthly income of R10,000.

In addition to the building itself, this enticing offer includes an erf of 467 square meters. This extra space provides endless potential for expansion or further development, allowing you to capitalize on the growing demand for commercial properties in Smithfield.

Whether you are an astute investor looking to add to your portfolio or an aspiring entrepreneur seeking a promising business venture, this property presents an excellent opportunity. With a strong rental income already in place and the potential for future growth, this is a chance to secure a profitable investment in the heart of Smithfield.

Don't miss out on this rare find in Smithfield - a thriving town with a rich history, surrounded by breathtaking natural beauty. Contact us today to arrange a viewing and take the first step towards acquiring this remarkable property.

Property Reference #: 2211846

Agent Details:
Bernita Venter
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301

Id Subtitle 1260424845
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Estimated monthly repaymentR 10,296
Total property loan amountR 950,000
Total interestR 1,520,853
Total repaymentR 2,470,853
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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Home Property Group SA (PTY) LTD
Selling for 2+ years
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