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Scottsville · Retail For Sale

991 m² Retail For Sale in Scottsville

  • R 4,900,000
  • 991 m²

Accepting Offers.

DESCRIPTION:
Unique and highly sought after commercial building with opportunity to add so much more. Potential galore.

An investors dream, currently the apartments are making ±R25,000 per month and church space with an office which is very high in demand and could achieve an additional ±R25,000 plus per month.
Opportunity to easily make over 10 % yield.
Option to put in a supermarket.
Possibility of extending another level and adding more apartments or retail.

Currently consists of:
• 5 x 1 Bedroom apartments
• 5 x 2 Bedroom apartments
• 1 x 3 Bedroom apartment
• Outside courtyards
• Office
• Church
• Kitchen
• Two toilets

Development potential.
Situated in a sought after Road in the area with big potential.

DETAILS:
• Erf Size: 991m²
• Zoning: Local Business 2

DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.

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Property Information & Features

Property Type
Retail
Listing Type
For Sale
Location
Scottsville, Kraaifontein
Price
R 4,900,000 · Get Pre-Qualified
Price per m²
R 4,945
Erf Size
991 m²
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Map & Nearby

Exact location is provided after a viewing has been arranged with the listing broker.

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Retail For Sale in Scottsville
R 4,900,000
  • 991 m²
Get Pre-Qualified
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