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Commercial Property in Potchefstroom Central For Sale

R7 500 000

Bedroom icon 26 9 1640m2 1640m2
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Commercial Property in Potchefstroom Central For Sale

FOR THE INVESTOR - Retail, Storage and Residential Income Generating Property with Healthy Monthly Net Income.

Bedroom icon 26 9 1640m2 1640m2

Commercial Property in Potchefstroom Central For Sale

FOR THE INVESTOR - Retail, Storage and Residential Income Generating Property with Healthy Monthly Net Income.

R7 500 000

Monthly Bond Payment: R

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9 Bedroom icon 26 1640m2

Features

  • Open Parkings 50
  • Parking 50

Description

FOR THE INVESTOR - Retail, Storage and Residential Income Generating Property with Healthy Monthly Net Income.

This Income Generating Property has both Business and Residential Zoning Rights. 

The property is in a very busy part of the CBD with easy access via the street and ample street parking.

There are several Retail Shops that are rented out and which currently generate R54,400 Gross Monthly Rental Income.

There are several Storage Stores that currently generate R12,000 Gross Monthly Rental Income.

To top it off there are 26 Residential Units currently generating a healthy R52,800 Gross Monthly Rental Income.

Once all municipal, operating, upgrading and other expenses are deducted this Income Generating Property provides a healthy Net Monthly Rental Income of more than R77,000.

Please Note: The Seller is a Registered VAT Vendor; therefore, VAT is applicable on the sale of this property. The VAT amount is not reflected in the marketed and advertised Sales Price. However, the property can be sold as a going concern with Rental Contracts in place, and application can be made for a Zero-Rated VAT Transaction.

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 9,488

Property Details

Web Ref RXAQ-5094
Property Type Commercial Property
Building Size 1640m2
Erf Size 1640m2
Bedrooms 26
Bathrooms 9

Contact Agent

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Frank Van Gass

Full Status Property Practitioner

RE/MAX Legacy (Potchefstroom)

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Marliza Van Gass

Sales Associate

RE/MAX Legacy (Potchefstroom)

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Xander Van Gass

Candidate Property Practitioner

RE/MAX Legacy (Potchefstroom)

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Enquiry about property Ref:RXAQ-5094

R7 500 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Frank Van Gass

Full Status Property Practitioner

RE/MAX Legacy (Potchefstroom)

Agent profile picture

Marliza Van Gass

Sales Associate

RE/MAX Legacy (Potchefstroom)

Agent profile picture

Xander Van Gass

Candidate Property Practitioner

RE/MAX Legacy (Potchefstroom)

MessageCall me back Whatsapp
Book a viewing

Contact Frank Van Gass

Agent profile picture

Frank Van Gass

Full Status Property Practitioner


RE/MAX Legacy (Potchefstroom)

Show number

Show number

Enquiry about property Ref:RXAQ-5094