571 m² Commercial space in Lyttelton Manor

Hilton Park business building FOR SALE - right in the middle of Centurion!

The building can be used as one company / business or used for different businesses. Perfect for a China mall setup!

Perfect budling to start a doctors practice or Attorneys practice or any practice.

Braai facilities outside, kitchen & guest bathroom + 2 servants rooms with en-suite bathrooms.

Security & also electric fencing with a remote gate and fence around the building. Alarm system. Opposite the building is a busy mall.

Allot of parking inside the business complex.

Store room, care taker room & Carports available.

Call me directly for a viewing appointment.

Estimated Monthly Rental Income

Unit Size Rent Monthly Rental Tenant Status

(m2) (R/m2)

1A 111 R 110 R 12 210 Engravers

1B 103 R 96 R 9 888 Asamoah Hair

2 150 R 80 R 12 000 Vacant office

3A 101 R 90 R 9 090 Vacant office

3B 27 R 105 R 2 835 Lyttelton Barber

3C 49 R 110 R 5 390 Vacant Shop

Store room 18 R 1 500

Care taker room 12 R 1 500

Carports 13 R 150 R 1 950

Total 571 R 56 363

Municipal: Rates and Taxes R 6 458

Municipal: Utilities not recovered R 1 000

Insurance R 655

General Maintenance Allowance R 2 800

Armed Response R 135

Gardens and Exterior R 1 000

Total R 12 048

Selling Price Calculation

Gross Income per year R 676 356

Operating Expenses per year R 144 581

Net Income per month R 44 315

Net Income per year R 531 775 R 531 775

Selling price calculation at return of: 13% R 4 090 577

Servants Quarters: Yes (two separate rooms with kitchenette

Transfer Costs: Transfer Duty

Patio: Yes