Prime Retail Opportunity: Secure Your Investment with High Monthly Rental Income Today!
Introducing a compelling investment opportunity in the heart of town! This strategically positioned corner shop is a revenue powerhouse, anchored by contractual agreements with FNB for on-site ATMs and a retail shop. The property yields a robust monthly rental income of R13,000, featuring a 5% annual increase on FNB ATMs and a 10% annual increase on the retail space. The recently revamped FNB ATMs also helps the retail shop to thrive.
Located on the bustling main street, the property boasts a generous floor plan with essential comforts such as air conditioning, two vault rooms, and a built-in safe. Additional amenities include a kitchen, a bathroom equipped with a toilet and basin and Elevated JoJo Tank. The enduring charm of low-maintenance face-brick exterior detailing adds to the property's appeal. It's important to note that the Electrical Certificate of Compliance will be at the buyer's expense. Don't miss this golden opportunity to invest in a prime location with a proven history of robust and escalating rental income. Seize the moment and make this property a cornerstone of your real estate portfolio.
The Property price excludes VAT. Contact us for more information.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.