This Commercial Building is situated in the business centre (high demand for business space in this area) of the town Prieska in the Northern Cape, the building (1700 square meters) consist of 10 Shops (two with liquor licences registered in the owner’s name) that are all leased out to tenants. The entire building (build on 3 large plots) was renovated in 2010, the 13 rooms on the top floor of the main building can be used as Hotel, Lodge, Office space, Apartments or Home for the owner. Also the plot and plan for a new 420 square meter building on the same premises has already been approved by the local municipality (owner was approached by large chain store to rent this new building). The building was completely rewired and an electrical certificate was issued. This building is already generating R35 000.00 income per month and has the potential for much more, owner is living in Mosselbay and has other business to attend to.

Property information

Real Estate: Real Property Included
R1,500,000 - R3,000,000
Cash flow:
R100,000 - R500,000
R100,000 - R500,000
Seller financial available: N/A
Work from home: N/A
Franchise: No
Date: Mon 06 Aug 2012

Listing Expired!

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