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
More...
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 |