for sale

13 Bedroom Commercial Property For Sale in Springs Central, Springs

 ref # 1432

 ref # 1432

R 5 000 000 (240 963 EUR*)

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13
10
8

Property Features
Balcony
Entrance Hall
Flatlet
Guest Toilet
Kitchen
Nearby Bus Service
Nearby Minibus Taxi Service
Nearby Train Service
Paving
Storage
Water Included

Commercial property in Springs

Comprehensive Breakdown of Rental Income and Expenses

Shops:

- 7 shops, with 6 currently occupied
- Rental income: R27,000 (R4,500 x 6)

Calculation:

- 2 shops x R3,000 = R6,000
- 3 shops x R4,000 = R12,000
- 1 shop x R5,400 = R5,000
- Total shop rental income: R6,000 + R12,000 + R5,000 = R23,000 + R4,000 (other shop) = R27,400

Flats:

- 8 flats, each renting for R3,000
- Rental income: R24,000 (R3,000 x 8)

*Rooms:*

- 5 rooms, with rentals ranging from R1,100 to R1,800
- Rental income: R28,000 (R1,100 + R1,800 + other rooms)

*Total Rental Income:*

- Shops: R27,000
- Flats: R24,000
- Rooms: R28,000
- Water excluded:
- Total: R79,000 - R13,000 = R66,000 - R200 = R65,800

*Amenities:*

- 4 guest toilets
- Store room
- Big balcony
- Fire exit
- Meter room with prepaid meters for each shop
- Water charge: R500 per room/flat

*Property Features:*

- 2-bedroom flats with kitchen and bathroom
- Entrance area
- Each shop has a backdoor (except hairdresser and safe)
- Big and small bathrooms, with some shared facilities



Message Agents

Nokwethemba Ntombela, estate agent


+27 (0)62 985 7093
 whatsapp agent

  admin.springs@peaktop... admin.springs@peaktopeak.co.za
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