850m² Building For Sale in Sidwell
R2,200,000
RITA GEBOUE
Web Ref No CL237
Sidwell Block of Flats & Shops for SALE. Great investment property. Price is excluding of VAT.,
Come put in your OFFER..!!! Investment opportunity!!! 4 flats & 2 shops or convert the shops back into 4 Flats..!!!
Priced to Sell Fast .. !! Come put in your OFFER
A floor area panning approximately 850 square meters on a double erf of Approx. 1520 square meters.
The first floor features four spacious flats, each comprising two bedrooms, a living room, a kitchen, and a bathroom.
Each flat has a small private back garden, offering a cozy retreat.
Below the flats, you will find two extra large shops with expansive windows, ensuring excellent visibility for your business.
Both shops have a kitchen area, bathroom, and a small enclosed private back courtyard.
The property also includes six lock-up garages and two storerooms, one is extra large, providing ample storage space.
The rear courtyard offers secure parking for multiple vehicles, keeping them safe and protected.
Security is a priority, as the property is fully walled with a motor security gate in front, securing the back courtyard. Additional security gates are installed on all door openings and passageway entry points, along with burglar bars.
The location of this property is ideal, with excellent visibility from various directions. It is conveniently situated near major transport systems, including buses and taxis, close to freeways, retailers, wholesalers, shopping malls, hospitals, and police stations, and the famous Nelson Mandela Bay Sports Stadium is nearby, ensuring a safe and vibrant neighborhood.
With a little effort and passion, this block can be restored to its original beauty. Consider transforming the garages into additional accommodation to generate even more income.
Current income generated is as follows.
The four 1st floor flats are all tenanted @ R3,800/ monthly.
The ground floor has two 200m sq. shops of which one is tenanted @ R6,500/ monthly.
Garages and storage at back also generate income.
The buildings potential rentals will exceed R33 000.
The potential of this property is limitless, so don't hesitate to seize this fantastic opportunity in the heart of Sidwell!!
vat is payable on the purchase price.
Every effort has been made to ensure the content of this advert is correct, however, no responsibility will be borne for any errors or omissions it may contain
Call me today for a private viewing
Priced to Sell Fast .. !! Come put in your OFFER
A floor area panning approximately 850 square meters on a double erf of Approx. 1520 square meters.
The first floor features four spacious flats, each comprising two bedrooms, a living room, a kitchen, and a bathroom.
Each flat has a small private back garden, offering a cozy retreat.
Below the flats, you will find two extra large shops with expansive windows, ensuring excellent visibility for your business.
Both shops have a kitchen area, bathroom, and a small enclosed private back courtyard.
The property also includes six lock-up garages and two storerooms, one is extra large, providing ample storage space.
The rear courtyard offers secure parking for multiple vehicles, keeping them safe and protected.
Security is a priority, as the property is fully walled with a motor security gate in front, securing the back courtyard. Additional security gates are installed on all door openings and passageway entry points, along with burglar bars.
The location of this property is ideal, with excellent visibility from various directions. It is conveniently situated near major transport systems, including buses and taxis, close to freeways, retailers, wholesalers, shopping malls, hospitals, and police stations, and the famous Nelson Mandela Bay Sports Stadium is nearby, ensuring a safe and vibrant neighborhood.
With a little effort and passion, this block can be restored to its original beauty. Consider transforming the garages into additional accommodation to generate even more income.
Current income generated is as follows.
The four 1st floor flats are all tenanted @ R3,800/ monthly.
The ground floor has two 200m sq. shops of which one is tenanted @ R6,500/ monthly.
Garages and storage at back also generate income.
The buildings potential rentals will exceed R33 000.
The potential of this property is limitless, so don't hesitate to seize this fantastic opportunity in the heart of Sidwell!!
vat is payable on the purchase price.
Every effort has been made to ensure the content of this advert is correct, however, no responsibility will be borne for any errors or omissions it may contain
Call me today for a private viewing
Features
Open Parkings 8
Building Name RITA GEBOUE
Zoning Commercial
Covered Parkings 6
Monthly Rates R5,217.00pm Excl. VAT
Floor Size 850m²
Land Size 1,520m²
Security Yes
Building Name RITA GEBOUE
Zoning Commercial
Covered Parkings 6
Monthly Rates R5,217.00pm Excl. VAT
Floor Size 850m²
Land Size 1,520m²
Security Yes
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