368M² BUILDING FOR SALE IN MODIMOLLE IN NYLSTROOM

Bargain for sale Modimolle. Investment property - Commercial building that consist out of 3 rentable premises and two bedroom houses. This property is situated on a busy road and on a prime spot. The rentable premises could be enlarging by ± 82m². Price only R1 800 000 VAT inclusive. Should the purchaser be a VAT entity. VAT refund of R270 000.00 could be claimed from SARS. No duty transfer duty payable. Income: Premise G1: size 100m² - Rental, R5500.00 Premise O2: size 36m² - Rental R1500.00 Premise C3: size 26m² - Rental R500.00 Premise C4: 2 bedroom unit 84m² - Rental R3000.00 Premise G5: 2 bedroom unit 122m² - Rental R5000.00 Total rental income: R15 500.00 Future expansion possibilities. Future premises F1: Size 68m². Future premises F2: Size 29m² Expenses: Municipality R2974.00 pm. Property Reference #: 21BB-2923 Agent Details: Fred van Heerden Century 21 Bela Bela Bela Bela Waterfront, Old Pretoria Road, Bela-Bela