R2,500,000

R2,500,000

462m² Workshop For Sale in North End
No Transfer Duty
Andre Goosen
Andre Goosen

Commercial property with both business rental and student accommodation income!

Web Ref. ELO-CS00089
Land size 462.00 m²
Floor size 462.00 m²
Monthly Bond Repayment
R23,337.03
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.
Monthly Rates R4,000

Features

Zoning
Industrial
Interior
3 Bathrooms
Sizes
Land Size 462 m²
Floor Size 462 m²
Listing Info
Date Listed 20-06-25
Time Listed 13:48

Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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