Monthly Bond Repayment R47,989.33
Calculated over 20 years at 11.5% with no deposit.
Web Ref No CSPN-1490
Investors Dream In Central Pinetown
This fabulous opportunity is simply awaiting an avid investor that would like to take over a property that has fourteen tenants yielding a monthly income of R 60000.00. The property is situated on 2987 sqm of level land directly behind Pinecrest Centre.
This allows for foot traffic and clients to easily access your business. The rental units are on a month to month and you can move your entire business to this location if need be. The property is completely fenced and gated and you have parking for over twenty vehicles if need be.
The main property has four rooms with two baths and its own kitchenette. This is completely fenced and gated and was running a bridal shop as well. Each unit has its own private entrance and does not interfere with the rest of the facility.
The property is also located in close proximity to the taxi route which allows for easy transport of clients and staff. This unit can easily be converted into an air B & B or business or your desire due to the location.
The property is completely tiled and neat which allows the owner minimal renovations to spend on. Most tenants can stay on and new lease agreements can be signed.
The property is located between other businesses within the area and it can easily be converted to your needs.
All this property screams is LOCATION, LOCATION, LOCATION !!!