R2,500,000
R2,500,000
Andre Goosen
Commercial property with both business rental and student accommodation income!
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.
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
Interior
Sizes
Listing Info
North End, East London
East London real estate can be found at the northern end of a 300 kilometre stretch of coastline known as the 'Sunshine Coast', and is renowned for its great expanses of beautiful un-crowded beaches. Sleepy seaside towns and villages create a picturesque setting along river mouths, leading to long stretches of golden sands which makes the area very appealing to surfers, swimmers and sun-worshipers. The property in East London is some of the most sought after real estate in South Africa.Our shores are lapped by the warm waters of the Indian Ocean, and having a sub-tropical climate makes this region a sought after tourist destination for International tourists and local South Africans. Mdantsane, a vibrant township on the outskirts...
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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