Properties for Sale
5 Separate stands located in Sebokeng. near numerous schools, shopping centres and main roads. Only minutes from Evaton Mall.
There are no formal leases in place for these stands.
** THESE STANDS WILL BE SOLD SEPERATELY **
Summary:
Stand Number on Map |
Erf no |
Size |
Zoning |
Address |
Stand 1 |
60719 |
2299 m2 |
Community Facility |
60719 Mississippi Street |
Stand 2 |
60845 |
2163 m2 |
Community Facility |
60845 Montana Street |
Stand 3 |
60909 |
1771 m2 |
Residential |
60909 New Orleans Street |
Stand 4 |
60939 |
2325 m2 |
Residential |
60939 Mississippi Street |
Stand 5 |
61079 |
2137 m2 |
Community Facility |
61079 Philadelphia Street |
MPUMALANGA SPATIAL DEVELOPMENT FRAMEWORK
MANUFACTURING / STORAGE SPACE / WORKSHOPS
1509m2 Located in the commercial / industrial node of Nelspruit CBD with great exposure! Industrial property with workshops, a warehouse, storage and manufacturing facilities.
Approximately 579m2 of the yard is ideal for storage, deliveries and workspace.
930m2 Gross lettable space – FULLY LET
This property offers a stable rental income opportunity due to the demand from tenants for the prime location.
RENTAL INCOME
SHOP NUMBER |
SHOP SIZE m2 |
RENT PER m2 |
CURRENT RENT |
LEASE END |
1 |
200 |
R46.55 |
R9 310.83 |
30/06/2022 |
2 |
150 |
R54.51 |
R8 176.00 |
31/01/2024 |
3 |
100 |
R70.17 |
R7 017.20 |
31/08/2022 |
4 |
210 |
R64.00 |
R13 440.80 |
28/02/2023 |
5 |
135 |
R59.26 |
R8 000.00 |
28/02/2023 |
6 |
135 |
R64.48 |
R8 300.00 |
28/02/2023 |
TOTAL RENTAL INCOME PER MONTH |
R47 750,00 |
|||
PER ANNUM |
R573 000,00 |
The tenants are responsible for their own water and electricity consumption. All the shops are equipped with their own meters.
Rates & Taxes ±R3 092.55 p/m
Great return on investment property. Located walking distance to Ellis Park Stadium and the University of Johannesburg, and near numerous well-known schools.
This property is currently fully let with a high rental income per month!
Secure inside parking for 4 vehicles underroof. Small garden.
Rates & Taxes: R608.28 p/m
SHARED OCCUPANCY MONTHLY INCOME
Ground Level |
|
Room 2 |
R2200 |
Room 3 |
R2200 |
Room 4 |
R2600 |
Room 5 |
R2600 |
Room 6 |
R2600 |
Upper Level |
|
Room 7 |
R2800 |
Room 8 |
R2000 |
Room 9 |
R2000 |
Room 10 |
R2000 |
Room 11 |
R2000 |
Outside Units |
|
Nanny Flat with Bathroom (R12) |
R2600 |
Bachelor Flat with Bathroom (R13) |
R3000 |
Total Income Per Month |
R28 600.00 |
Annual Income |
R343 200.00 |
The Full Title property is located in a secure office complex with 24 hour security, controlled access and is well maintained.
The building is divided into the ground floor and the 1st floor. Each half has a separate entrance. Of the total 300m2 G.LA. there is currently a tenant letting on the ground floor (150m2), offing an owner / tenant an income stream.
The property is move in ready and can easily be reconfigured to custom requirements (dry walling).
Located in the Business Hub in Midrand, with easy access to N1 highway. Exceptional public transport connectivity with the Gautrain bus passing right at the office park’s entrance.
Property Details:
GROUND FLOOR – 150m2 |
1ST FLOOR |
Reception Boardroom Toilets Kitchen Private Offices |
Reception Boardroom Toilets Kitchen Private Offices |
There is ample parking on the property with 10 – 12 open and covered parking bays.
Current Lease: 24 Month Lease, Start Date: 10 March 2021, End Date: March 2023, Rental: R20 000.00pm
Rates & Taxes ±R8407.36/m
Levies ±R3 507.00 p/m