Monthly Bond Repayment R70,430.12
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RLS960192
Quality A-Grade Guesthouse and 4 Office Blocks for sale in Westdene
Four sets of quality office blocks and a guesthouse - ALL ON ONE PROPERTY - for sale in Westdene.
Rental income from the offices generates around R 50,000.00 + pm with the potential for around R 70,000.00 pm should the fourth block also be rented out!
The guesthouse is not actively promoted at the moment, but could easily generate over R 100,000.00 and up to R 200,00.00 if fully utilized.
This is a great investment for the investor who is ready to get this commercial property back to its 100% functionality. The current owner has aged and is no longer able to commit & manage the property to it's full potential.
Three of the office blocks each consists of a reception with 5 offices and a boardroom.
Don't miss out, call today!
Features
Bedrooms 6
Security Yes
Bathrooms 12
Recep. Rooms 2
Floor Size 960m²
Land Size 1,720m²
Carports/Parkings 17
Pool Yes
Pets Allowed Yes
Monthly Rates R8,250.00
Monthly Levy R0.01