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469m² Building For Sale in North End

R3,800,000

Web Ref No ELO-CS00045

Commercial property with various income streams!

The property is a double storey commercial building. Downstairs has two separate entrances. A workshop with a large roll up door, with access for vehicles, and is occupied by a business anchor tenant who does vehicle repairs. This unit has a reception, large workshop area, a mezzanine floor for storage as well as a kitchenette and bathroom facilities.
Next to the business entrance is an aluminium door giving access to downstairs and upstairs residential rooms, which are ideal for student accommodation. Downstairs has open plan kitchen/dining room, bathroom with shower, basin and washing machine connection which is used by tenants occupying 5 single residential rooms. The rooms are separated by dry walling and floors are tiled throughout.
The stairs leading up to the first floor enters a second large open plan kitchen/lounge and bathroom (shower, basin, toilet, washing machine connection) which serves another 10 single residential rooms (one with a shower, basin and toilet). The rooms are separated by dry walling and the floors are tiled. There is a separate 11th residential unit at the back of the building which consists of one bedroom, open plan lounge/kitchen and a bathroom with tiled floors.
The residential leases are on a month to month basis.

Features

Zoning Industrial
Floor Size 469m²
Land Size 462m²
Extras

Total Land Extent: 462 m2,
Number Of Floors: 2,
Number Of Roller Shutter Doors: 1,
Mezzanine Floor: 1,
Height Of Shutter Doors: 2.4,
Roof Height: 6,
It's a Multi Tenanted Building

Broker Contact Details

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