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Web Ref CL42
1,220m² Building For Sale in Hopetown
Hopetown Commercial building return on investment property Urgent sale!!
The building is registered in a bk's name, namely LBL Systems bk. The buyer then just takes over the bk and I don't have to pay any capital gain and it will apply again to the buyer if he wants to sell again one day
The rental income as indicated includes electric bill and VAT and the average bill I pay to municipality every month amounts to R10000 pm. Every year oct the rental income escalates
There is only one lease for absa bank and it only expires in September 2023
The engineering works have been renting their premises for more than 12 years and the funerals place for about 8 years
The apartments change tenants every now and then but never struggle to keep them up
Monthly income plus minus R58 976
The building is registered in a bk's name, namely LBL Systems bk. The buyer then just takes over the bk and I don't have to pay any capital gain and it will apply again to the buyer if he wants to sell again one day
The rental income as indicated includes electric bill and VAT and the average bill I pay to municipality every month amounts to R10000 pm. Every year oct the rental income escalates
There is only one lease for absa bank and it only expires in September 2023
The engineering works have been renting their premises for more than 12 years and the funerals place for about 8 years
The apartments change tenants every now and then but never struggle to keep them up
Monthly income plus minus R58 976
Features
Zoning
Commercial
Exterior
Security
No
Sizes
Floor Size
1,220m²
Extras
The building is registered in a bk's name, namely LBL Systems bk. The buyer then just takes over the bk and I don't have to pay any capital gain and it will apply again to the buy
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