Commercial - Retail for Sale in Scottsville

Description

Accepting Offers. DESCRIPTION: Unique and highly sought after commercial building with opportunity to add so much more. Potential galore. An investors dream, currently the apartments are making ±R25,000 per month and church space with an office which is very high in demand and could achieve an additional ±R25,000 plus per month. Opportunity to easily make over 10 % yield. Option to put in a supermarket. Possibility of extending another level and adding more apartments or retail. Currently consists of: • 5 x 1 Bedroom apartments • 5 x 2 Bedroom apartments • 1 x 3 Bedroom apartment • Outside courtyards • Office • Church • Kitchen • Two toilets Development potential. Situated in a sought after Road in the area with big potential. DETAILS: • Erf Size: 991m² • Zoning: Local Business 2 DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.