- 7
- 7
- 2 681 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 1607.00
Property description
This lucrative commercial property includes a bottle store, convenient shopping store, a separate two-bedroom cottage, six inter-joining cottages, single garage, storeroom/laundry and borehole pump room.
The large convenient store includes a kitchen/scullery, office, storeroom and ablutions. The bottle store is located on the left side of the convenient store. There is an approved liquor license for trading. The premises has burglar bars and an active alarm system.
The spacious two-bedroom cottage is located behind the store. The cottage has an open plan kitchen/scullery, lounge, dining room and two bedrooms that share a common bathroom. There is a single garage. The yard to the cottage is enclosed and pets are allowed.
The shop and the cottage are rented out and have tenants in them.
All of the above-mentioned dwellings are located on one erf, and it is zone for commercial use.
At the back of the convenient store and cottage is another separate erf where the 6 interlinking cottages are located. The six cottages are all open plan bedroom, living area and kitchenette with ensuite. The old laundry is now utilised as a storeroom and workshop. The pump for the borehole is located in a lockup room. The borehole feeds header tanks which are then gravity fed to all dwellings. All six cottages have their own alarm system. The cottages have burglar bars. The borehole supplies water to all the dwellings on both erf and occasionally to the oldest licensed hotel and pub in South Africa, the infamous Pig n Whistle. All six cottages have long term tenants in them. This erf runs the entire length from behind the hotel from York Street. The entrance from this side has been temporarily closed off with a fence. There is huge potential to expand and erect more cottages or other dwellings on this erf. Eskom provides the electrical supply.
Both properties are registered in a Closed Corporation (CC) and is Vat registered. The selling price is inclusive of Vat, so Vat can be claimed back.
To view this fantastic property and business opportunity, please give me a call.
Property Details
- 7 Bedrooms
- 7 Bathrooms
Property Features
| Bedrooms | 7 |
| Bathrooms | 7 |
| Erf Size | 2 681 m2 |
Contact the Agent
Mickey Witthuhn
Full Status Property Practitioner