R 1 800 000
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881 m² Commercial space in Evander
881 m²
Building For Sale in Evander CBD
This commercial building is located in the CBD of Evander and consists of 9 small shops of which 8 are currently rented out.
The current monthly income from these 8 tenants amounts to R27000 pm, potentially increasing to R30000 pm.
This provides an investment yield of 12.5% on the capital invested.
The current tenants will remain in the building upon the sale thereof.
The building needs some repainting and TLC but is considered a good investment.
Call us today for a viewing!
Property details
- Listing number T3784550
- Property type Commercial
- Floor size 881 m²
- Rates and taxes R 2 500