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Brakpan, Gauteng – Mixed Usage Block on Auction

CONTACT AGENT

Claudio Gaspar
Expert Agent 076 319 5860 claudio@masingita-ps.co.za 011 268 2681

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Add to Calendar 2017-07-12 12:30 2017-07-12 12:30 49 Auction for Brakpan, Gauteng – Mixed Usage Block on Auction Auction for Brakpan, Gauteng – Mixed Usage Block on Auction happening at 40441 Prince George Ave (Cnr Northene St) , Brakpan Central, Gauteng, 40441 Prince George Ave (Cnr Northene St) , Brakpan Central, Gauteng, Claudio Gaspar claudio@masingita-ps.co.za false DD/MM/YYYY

Property Details

Property Type: residential

Description

Mixed usage triple story block consisting of shops, offices, warehouses and residential.

The ground floor consists of:

2 x Large warehouses of which each warehouse has it’s own bathroom and office. The rental income of the warehouses together is R14,000 and the tenant pays their own electricity usage.

Shop 1 – information pending.

Shop 2 – Saber cars. Rental income is R1,200.

Shop 3 – Book keeping /admin business. Rental income is R1,700  and electricity is prepaid.

Shop 4 – Medical training business. Rental income is R2,500.

Shop 5 – Florist. Rental income is R2,700 and R300 is paid for electricity.

Shop 6 – Biltong shop. R2,500 rental income and R300 is paid for utilities.

Shop 7 – Vacant at the time of capturing but rental income was R2,500 pm.

Shop 8 – Print shop. Rental income of R2,000 and R300 for electricity.

Shop 9 – Dog palour. Rental income of R2,000 and the shop has a prepaid electricity meter.

First floor consists of:

7 Flats in total of which 6 are one bedroom units and 1 is a bachelor flat.

Each one bedroom flat is being rented for R1,800 and the bachelor flat for R1,350.

Some flats are linked to the general bill but flats 9,8,11 and 12 have their own utilities account. Flat 6,7 and 10 are billed R300 each seperately.

Flat 11 and 12 are combined into 1 flat but wall can be converted into two flats again.

The third floor consists of:

A gym which has been rented to the tenant for approximately 24 years. The rental income is R6,500 and it has it’s own prepaid electricity meter.

There are 13 carports.

The seller is vat registered.

Although we have tried to be as accurate and infromative as possible all information provided should be treated as approximates and is subject to potential change, therefore the responsbility is on the purchaser to verify all information themselves by performing an on-site inspection and by other available means.

Send an enquiry to get more details on the property including some of the expenses.

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Auction Details

Auction Address: 40441 Prince George Ave (Cnr Northene St) Brakpan Central Gauteng

Auction Date: 2017-07-12

Viewing Start Time: 12:30

Auction Start Time: 12:30

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