Retail Space for sale in Bela Bela

R 2,700,000

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General Details
Size (sqm):42880
Description
COMMERCIAL PROPERTY FOR SALE - SOLD AS A GOING CONCERN (PRICE EXCLUDES VAT)

For sale is Portion 268 of the farm Roodepoort 467 KR, Bela-Bela, Limpopo Province. The farm size is 4.2880 ha.

MAIN HOUSE
The main house on the property is spacious, featuring four bedrooms and three bathrooms, as well as an open plan lounge, dining room, kitchen, and laundry. There is also a lapa and a swimming pool, as well as four carports.

BACHELOR’S FLAT

Additionally, there is a one bedroom batchelor's flat with a bathroom and kitchen, as well as a lapa and boma braai area.

RESTAURANT AND PUB & GRILL AREA

The property also features a restaurant pub & grill with a large kitchen and scullery, a built-in pizza oven, a lock-up storeroom, and seating area for at least 30 people, as well as male and female toilets. There is also a beach bar area.

OTHER BUILDINGS

Two corrugated iron workshops under rental contracts and two thatched roof workshops of approximately 117 square metres of which one is under a rental contract.

SHOPS

One thatched roof shop previously used as a deli, two separate toilets, a liquor store and supermarket under existing rental contracts

WENDY HOUSES

Two wendy houses utilised as office space, two equipped strong boreholes, and three 5 000 liter water tanks with two pressure pumps.

RENTAL INCOME

The current rental income is R 31 000 per month.

Property Reference #: 7002001-27010

Agent Details:
Johan van Huyssteen
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261958862
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Estimated monthly repaymentR 29,261
Total property loan amountR 2,700,000
Total interestR 4,322,422
Total repaymentR 7,022,422
Interest rate at 11.75% for 20 years *
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eXp Realty - Steven Johnstone Group
Selling for 2+ years
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