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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 3000.00
Property description
Why to Buy?
-6 Shops: A well-established property offering six individual shops, ideal for a variety of businesses or tenants.
-High Potential ROI: Potential return on investment (ROI) ranging between R65,000 to R70,000, making it a lucrative opportunity for investors.
-Ample Parking: The property features plenty of parking space, ensuring convenience for both customers and tenants.
-Low Municipal Rates: A low municipal rate of only R3,000, keeping overhead costs manageable and increasing the property's overall profitability.
-Prime Location: Situated in a highly sought-after location, offering great visibility and accessibility for businesses and customers alike.
-Great Investment Opportunity: Ideal for investors looking for steady rental income with long-term growth potential.
-Flexible Usage: The six shops can cater to a wide range of businesses, increasing the potential for consistent occupancy and return.
This prime investment property offers an incredible opportunity for investors looking to secure a profitable asset. Featuring six individual shops, this property is ideal for various types of businesses or tenants, providing diverse rental income potential. With the potential return on investment (ROI) ranging between R65,000 to R70,000, this property promises strong cash flow and long-term value.
Located in a prime area with high visibility and easy accessibility, this property also offers ample parking, ensuring convenience for both customers and tenants. The spacious parking area is a major plus, making it an attractive option for businesses that require customer parking or additional space for staff. Plus, with a low municipal rate of just R3,000, this property boasts minimal overhead costs, maximizing your investment return.
With six shops, flexible usage options, and a prime location, this investment property is a fantastic way to generate steady rental income while capitalizing on future growth potential. Whether you’re a seasoned investor or new to property investment, this is an opportunity you won’t want to miss. Secure this property and start reaping the rewards of a profitable, low-maintenance investment!