Very well situated in the Vereeninging CBD, this building measures 1200sqm and boasts
8 occupied retail shops
15 Offices on 1st floor
15 Offices on 2nd floor
Currently the gross income for the entire building is R61500 incl VAT . All leases have
been renewed for 5 years with a 10 % increase p.a
Both top floors may be converted to 40 residential rooms (800sqm) with an expected additional
income of R34,000 pm.
Total rates & taxes equals R6,500 pm
Price R6 million + VAT (if applicable)
Contact Miguel 082 807 3026 for more.
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