Fully-Let Commercial Property For Sale in Klerksdorp CBD

Building consists of 20x Large bachelor flats, each with separate bathroom, separate kitchen and divider between lounge and sleeping area.

Each flat is approximately 40sqm big, complete with built-in cupboards in the lounge and fitted cupboards in the kitchen.

There are 2x Shops on the ground floor, with 2 bathrooms servicing the shops. There is also off-street parking available for 6-8 vehicles.

The current ROI is 10.24%, but with rental increases this could increase to 12.33%, as no rental increases were given since 2020. In fact the rent was lowered to accommodate the Tenants at that time.

Great investment at an affordable price of only R2 300 000. The property is sold and the Seller is not registered for VAT. (Property sold from a company. The company NOT for sale.)

For a viewing please contact the agent today!