R 1 480 000
| Commercial Property for Sale in Witbank Ext 3
Commercial property for sale in bustling area of Witbank
Excellent business opportunity with an existing lease contract of R10 000.00 per month until July 2025, and separate offices for an extra potential + R10 000.00 per month.
The property consists of two buildings; an approximate under-roof area, and a combined lettable area of approximately 445m².
- house with 5 offices;
- kitchen
- bathroom
- huge shed, yard space, and a container
- second building with offices, (approximately 262m²), which is rented.
The property is located on a busy street corner, and the adjacent property by the seller is also for sale on request. Consolidating the two properties totals 1952m² = (972m² and 980m²).
Commercially zoned for:
- distribution depo
- wholesale trade
- storage
- warehouses
- cartage and transport
- computer centers
- offices
ROI is 12%
Gross Income: R240 000.00
Nett Income: R180 000.00
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Contact AgentWeb Ref 114882556
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