445 m² Commercial space in Witbank Central
Excellent business opportunity with an existing lease contract of R10 000.00 per month until July 2025, and separate offices for an extra potential + R10 000.00 per month.
The property consists of two buildings an approximate under-roof area, and a combined lettable area of approximately 445m.
- house with 5 offices
- kitchen
- bathroom
- huge shed, yard space, and a container
- second building with offices, (approximately 262m), which is rented.
The property is located on a busy street corner, and the adjacent property by the seller is also for sale on request. Consolidating the two properties totals 1952m = (972m and 980m).
Commercially zoned for:
- distribution depo
- wholesale trade
- storage
- warehouses
- cartage and transport
- computer centers
- offices
ROI is 12%
Gross Income: R240 000.00
Nett Income: R180 000.00
Property details
- Listing number T4774112
- Property type Commercial
- Listing date 3 Sep 2024
- Land size 980 m²
- Floor size 445 m²
- Rates and taxes R 2 276