Brakpan Gem: Prime Location, Endless Potential - Priced to Sell!

R 2,350,000

Can I afford this?
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General Details
Location:
Description
Attention Investors and Entrepreneurs! Don't miss out on this incredible opportunity to own a versatile commercial property in the heart of Brakpan!

This strategically positioned property boasts:

Prime Location: High-traffic area guarantees excellent visibility for your business.
Established Café on the Corner: Hit the ground running with a thriving business already in place.
Abundant Space for Expansion: Tailor the property to your needs with additional space ideal for shops, manufacturing, or workshops.
Industrial Potential: Perfect for engineering or other industrial businesses with 3 phase power and 150 AMPS voltage.
Ample Parking: Accommodate employees, visitors, and customers with ease.
Dedicated Workshop: Utilize the space for a spray booth, storage, or additional operations.
Professional Atmosphere: Welcome guests and conduct meetings in the well-equipped reception area, complete with a kitchen and boardroom.
Convenient Amenities: Separate ablution block with showers, basins, and toilets ensures employee comfort.
Outdoor Oasis: Relax and unwind in the charming courtyard with carports.
Bonus Income Stream:

3 Fully Leased Flatlets: Generate a steady income from the moment you purchase.
Total Monthly Rental Income: R33,269
Detailed lease information provided upon request.

This property is truly a rare find! With its prime location, established business, and diverse use options, it offers endless possibilities for maximizing your return on investment.

Priced to Sell! Don't let this golden opportunity slip away.
This is a commercial property in the center of Brakpan town with an established Café on the corner and additional space for more shops or manufacturing or even workshops.

There is 3 flatlets in the rear of the property already being rented out guaranteeing you an steady income.

Total rental income PM
=R33269
total of water,sewerage,refuse +/- R5400
= R38669

Shop 1
Rental R8269
water, sewerage and refuse +/- R900
Expiry date

Nov 2025
Shop 2
Rental R7500
water,sewerage,refuse +/- R900
unoccupied

Shop 3
Rental R5200
water,sewerage refuse +/- R900
Expiry date

June 2024
Flat 1 / 2 and 3
Rental R3000
water,sewerage,refuse +/- R900
Expiry date

Dec 2025
(no escalation due to caretaker position)
Selling price; R2 399 000 (please ignore price on capture sheet, Hank made a mistake there)

Property Reference #: 4322

Agent Details:
Emilia Nel
Thusanong Property Solutions
153 Monument Road,Aston Manor.Kempton Park,1619
Kempton Park

Id Subtitle 1273803613
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Estimated monthly repaymentR 25,468
Total property loan amountR 2,350,000
Total interestR 3,762,108
Total repaymentR 6,112,108
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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Thusanong Property Solutions
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