Ideally suited for a residential conversion.
Erf #: Portion 1 of Erf 111
Suburb: HEIDELBERG CENTRAL
Property Type: Freehold
Land Size: 2,106 sqm
The subject property is set on two floors while the car wash utilise the parking at the rear of the property.
The ground floor, measuring approx 700sqm is leased to Standard Bank SA at a rate of R75.60/sqm. The lease with Standard bank is due to expire on the 30th September 2017 and will not be renewed.
The Suikerbos Car Wash leases the parking at the rear of the property for R5,400 per month. The lease expires on the 31st July 2018.
The first floor consists of 10 office suites measuring 17.5sqm each. There is also a kitchen and toilets also located on the first floor. Currently only one of the office suites is let on a month-to-month basis and collects R2,500 per month.