Block of Flats, Calling all investors and or supermarket owners
This prime, prime spot is up for grabs, a block of flats consisting of 14 flats all 2-bedroom units, they are rented out for R4000 p/m each. a previously running business SPAR SUPERMARKET downstairs which is vacant presently but fully equipped and ready to begin trading again, this shop was rented out for R120000.00 p/m, another small shop on the side of the building which is currently rented out to a hairdresser. The basement has parking space for 14 cars which is lockable. The building is built on a 2233sq stand in a very busy road leading in and out of ALBERTON.
A CELL C tower is currently on the property and a MTN tower has been approved as well , generating a return of R20000.00 p/m. Plans for extra 12 flats have been approved and the slab has been laid but new owner will have to complete the project.