500m² Building For Sale in Merewent

R3,950,000

Web Ref No CMNT-3923

Commercial Property For Sale In Merebank

This Unique Commercial Building In The Heart Of Merebank Which Is A Rare Find & Is Currently Running As The Infamous "River Palace Bets". It Also Has A Seperate Kitchen & Private Bar Area & Running For 28 Years & Counting. Well Established.

The Current Total Income Including The Tote, Bar & Kitchen Area Is R32000 Per Month.

This Rental Excludes The Book Makers Section Which Will Contribute To A Higher Rental Income Once Tenanted.

There Is An Option To Purchase The Business At An Additional Cost, There Are Currently 5 Slot Machines & Approved For Another 5 Machines Which Will Contribute To Higher Profits Per Month From A Business Perspective

The Building Will Be Sold With The Current Tenants & Leases.

Don't Miss Out On A Great Opportunity In Terms Of Expanding Your Property Investment Portfolio.

Contact Agent For A Personalized Viewing