R 1 480 000
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445 m² Commercial space in Witbank Central

980 m² 445 m²

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

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