- 1 000 m2
- 1 693 m2
Monthly Bond Repayment ZAR .
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Perfect opportunity for investors for this prime positioned commercial property on a REA VAYA main road.
The Property boasts 1692m² and has a double story building and service station canopy. The property was a bustling service station in its hey-day and does need some TLC to restore it to its former glory. The service station was closed for some years since the Rea Vaya Road construction started.
THE ROAD IS A MAIN ARTERIAL ROAD WITH LOADS OF TRAFFIC COUNT AND THROUGHFARE INTO THE RESIDENTIAL AREA MAKING THE POTENTIAL FOR THIS PROPERTY WORTH THE INVESTMENT.
The property currently has tenants and has the potential for further growth for the investor with a keen eye. Potential rentals without further renovations +- R32000.
The current tenants include a take-away fitted with kitchen equipment, a panel beater, hardware store, carpenter, and sandblaster. There is included a huge mechanical workshop not being used that has loads of potential.
Upstairs has a three bed two bath apartment with built in cupboards, spacious bathroom and fitted kitchen as well as a 2-bedroom one bath unit.
Open plan kitchen lounge area, Bathroom, BIC in the bedroom, Kitchen - BIC with scullery on the side.
Mechanical lift, compressors and generators not included in the sale and the building already has three phase electricity.
CALL ENZO FOR A VIEWING
- 5 Bedrooms
- 5 Bathrooms