UNIQUE COMMERCIAL INVESTMENT OPPORTUNITY – 15% + ROI (Mandated to Sell)

PRIME LOCATION : 2 FULLY LET RESIDENTIAL/RETAIL BUILDINGS IN BUSY STREET – BENONI CBD.

Lucrative Investment Opportunity, at below Market Price, for the Investor who purchases BOTH Buildings – R12 950 000  (Ex VAT- ZERO RATED to qualified Investor)

JUNE 2023 BANK VALUATION CERTIFICATE AVAILABLE (INCLUDING INCOME and EXPENDITURE SCHEDULE) available to qualified, serious Investors.

(Commercial Loans typically require 25 – 30% Deposit, dependent on Investor profile.)

BUILDINGS COMPOSITION :

BUILDING No. 1 – 5 Retail Stores at Street level and 32 Residential Units above- Bachelor & 1 Bedroom units.

BUILDING No. 2 – 4 Retail Stores at Street level and 24 Residential Apartments above – Bachelor, 1 and 2 Bedroom units and balconies. Inner Yard Space, Store Rooms.

BOTH BUILDINGS:

Both Building are very well Located on a very busy main road, being close to Transport nodes, Taxi Ranks, Major Arterials, Highways and ALL amenities.

Fully Tenanted with a waiting list for future Tenants.

Back-up Water Tanks, Inverter for common area lighting and Access. Braai facilities on fenced-off Roof top (Building No. 1), and Braai facilities in Inner Yard (Building No. 2)

Professional Management Company operated, with a 24hr Building Manager resident in each building.

All units recently Renovated and maintenance friendly design.

Buildings are in very Good Condition and very well maintained. Access Controlled. Excellent Security.

All Units – Pre Paid Electricity Meters and Water Meters. Plug & Play DSTV points.

LOCALITY : Passing Trade and Traffic, with FULL Occupancy level and strong Rental income, together with a well renovated and run building, ensures a very sound, high-yielding, Investment in today's market.

BUILDING No. 1: 1073sqm Lettable Area. 1421sqm Building Area. ZONING : Business 1. FAR 1.7. Approved Town Planning. Insurance Replacement cost – R17.4m

BUILDING No. 2: 1180sqm Lettable Area. 1561sqm Building Area. ZONING : Business 1. FAR 2.2. Conforms to Town Planning. Insurance Replacement cost – R19.2m

Excellent Investment – just take over the Asset!

*** !!! NOW SPECIAL OFFER !! ***

BOTH BUILDINGS : R12.95 million !!!   (Ex VAT – ZERO RATED to qualified Investor)