Monthly Bond Repayment R47,683.11
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RL3437
Exceptional Investment Opportunity - 4.2 Hectares Back on the Market
Don't miss out on the opportunity of a lifetime! Rental income from this property can easily cover a bond, with a net profit of approximately R642,072.00 per annum. Located just outside Brits along a busy main road, this property is ideal for various businesses.
Key features of the property include:
30 Self Storage Units: Offering a total of 610m2 of storage space. Workshop and Offices: A spacious area totaling 1580m2, perfect for workshop activities and office operations. 6 Houses: Providing a total of 610m2 of residential space. Room for Expansion: Ample space available to build an additional 5 residential units. Paved Areas: Large sections of the property are covered with paving, ensuring easy access and convenience. Pre-paid Electricity: Enjoy the convenience of pre-paid electricity for efficient management. Borehole Water: The property benefits from a borehole water supply. Security Features: Security beams and cameras are in place to enhance safety and security. Roadside Development Potential: The property offers space to build along the main roadside of the R511 road. Net Profit: The property generates a net profit of R642,072 per annum, providing a return on investment (ROI) of approximately 11.6%. VAT and Seller Registration: VAT is payable on the selling price, and the seller is registered for VAT. Private Appointment: Call now to schedule a private appointment and view this remarkable investment opportunity. Registered Agent: The agent is registered with the Property Practitioner Regulator Authority, with registration number 2022388819.
Indeed, this property presents a highly advantageous investment. Don't delay - contact us now to explore the potential of this exceptional property.