R 3 380 000
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354 m² Retail Space in Riviersonderend

755 m² 354 m²

BRAND NEW LISTING. BUSINESS OPPORTUNITY ON N2!!!

This property is situated in Riviersonderend, the heart of the Overberg.

The property is situated in centre of town with the N2 as Main Road. It is within walking distance to all amenities.

This is an excellent investment opportunity for investors who wants to generate and build their rental income.

The double storey building offers 8 flats and 9 rooms. On the ground floor is a shop with a large hall to host functions.

The ground floor offers 7 flats:

4 x one-bedroom flats with a living room, kitchen a bedroom and bathroom with a shower, basin and toilet.

1 Flat with a kitchen. one bedroom and a bathroom.

2 Open plan bachelor flats, with a living room, kitchen, bedroom and bathroom.

2 Of the flats have gas stoves.

5 Of the flats have gas geysers.

1 Shop with a large hall.

The second floor offers:

9 x bedrooms that share 2 bathrooms and a kitchen.

1 x Open-plan bachelor flat with a living area, bedroom and bathroom. This flat has a gas stove.

The total rental income is R 49 100,00 per month, when fully rented. All rentals are on a month-to-month basis.

Contact me today and make a appointment.

Property details

  • Listing number T4813695
  • Property type Retail
  • Listing date 7 Oct 2024
  • Land size 755 m²
  • Floor size 354 m²
  • Rates and taxes R 6 500

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