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R6,900,000

Monthly Rates
R898 Excl. VAT

1,000m² Building For Sale in Glen Austin

THIS IS A DEVELOPER OR AN INVESTOR’S DREAM PROPERTY!

Currently this property houses 22 students (the University is within 1 km from the property) that pay between R2500,00 and R3000,00 per month each, equalling to an income of approximately R61 000-00 per month. The property has prepaid electricity meters and is situated on 8565 square meters of land. A great investment opportunity with a fixed income source in place.

Alternatively for developer’s, the land could be cleared of existing buildings and re-developed for offices or for housing.

The choice is yours! An opportunity not to be missed, come see for yourself!

Features

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0
Zoning:
Commercial
Sizes
Floor Size
1,000m²
Land Size
8,565m²
 
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