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Description

VERY WELL LOCATED PROPERTY WITH STRONG RETURN ON INVESTMENT!    ROI approximately 15%!!   Well cared for property with good services in sought after area for accommodation – situated in Central Germiston.  28 Room-style units, with common Bathrooms and Kitchens service this building.

   The 7 Retail Sops are fully let with long-term Tenants and much in demand.

ADDITIONAL INFORMATION :  Rental Income approximately R60 000 to R65 000 per month.   

Sub-meters installed for Electricity comsumption Billing.   VAT Registered   

SOUND INVESTMENT PROPERTY!

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Details

Updated on June 23, 2021 at 2:26 pm

  • Reference #: 1303017
  • Price: R4,999,000
  • Suburb / Town: Germiston
  • Property Type: Business
  • Building Size: 1500.0 ㎡
  • Stand Size: 568.0 m²
  • Rates & Taxes: R 2600

Additional Features

  • Mandate Price:total gross price
  • Floors:3
  • Grade:C

    Address

    110 President Street

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