R 2 950 000
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177 m² Retail Space in Silverton
177 m²
Discover an incredible opportunity to own two sectional title shop premises located on the bustling main street of Silverton! Currently occupied by a popular Bottle Store and a thriving Computer Gaming Shop, this property offers excellent passive income from day one.
Key Features:
(1) Tenants will vacate by 31 January 2025 but are eager to renew rental agreements, giving you options for own use or continued rental income.
(2)Total rental income: R36,332 per month.
(3)Net income after costs: R30,741 per month.
(4)Pre-paid meters for both electricity and water provide hassle-free management.
The owner must sell due to health reasons, and any reasonable cash offer will be considered. Don’t miss out on this exceptional investment opportunity!
Property details
- Listing number T11762
- Property type Retail
- Floor size 177 m²
- Rates and taxes R 1 410
- Levies R 4 181
Property features
- Access Gate