Ground floor 409 m2 /1st floor 396 m2 / difference are walkways and balcony''s
Rented out at present to a government institution. (3 tier rental contract)
Owner Nett R80 000.00 p/m (15% capp)
Water /electricity read.
Rates taxes R16 755.00 pm
Plenty offices /2 boardrooms. /2 kitchens /safe/and ablution on both floors.
The tenants are on a month-to-month contract.
This building can easily be converted into student accommodation and zoning will be no problem as the 2nd building on this sectional title erf has already been converted.
