R625,000

R625,000

725m² Building For Sale in Springs Central
Price Reduced
Sole Mandate
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Prime Location Investment Opportunity with a Positive ROI.

Web Ref. CL2719715
Land size 993.00 m²
Floor size 725.00 m²
Monthly Bond Repayment
R5,717.12
A unique opportunity with a Two Garages, a Restaurant, and an additional Store Space in one of the most sought after positions within the Springs area. The Premises is surrounded by properties that support the market value in both avenues as a thriving Business Sector as the backbone.

Details:
- Stand Size: 993sqm.
- Private Entrances into the Businesses.
- Plastered Boundary Walls.

Main Building:
- Restaurant Area
- Seats Over 30 people
- 1x Bathroom

Secondary Premises:
- Car Storage Building
- Store Room
- Private Use Bathrooms

Tertiary Business Premises:
- Mechanic Workshop
- Private Use Bathroom
- Access To the Back Rooms

Quaternary Business Premises:
- Store Front currently made us of a Church.
- Private Use Bathroom
- Access To the Back Rooms

An Ideal Investment that needs TLC and Maintenance throughput. The Price is marketed below market value due to the condition of the building as well as an outstanding Rates Bill that is to be attended to by the Purchaser due to the low price or alternatively, by the Seller but can be worked into the actual asking Price. To discuss the matter further, please do not hesitate to contact me.

Features

Zoning
Commercial
Sizes
Land Size 993 m²
Floor Size 725 m²
Listing Info
Date Listed 10-11-21
Time Listed 07:09

Disclaimer

While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.