Hoedspruit - MR255455

Commercial in Hoedspruit, Limpopo, Limpopo

900m2
Hoedspruit - MR255455
Commercial in Hoedspruit, Limpopo, Limpopo
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Key Features

Services

  • Levy R1550.00
  • Rates and Taxes R9550.00

Security

  • Alarm System

More Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 900m2

MyRoof Stats

  • 281 Views
PID=255455 DID=263475 SID=1

Exceptional Rare Commercial Opportunity!A profitable commercial park on offer.A total of 23 retail shops and offices totalling 1135m2 of rental space. Located in one of the main business areas of town with excellent traffic and visibility. Ample parking for clients and shop owners. The retail shops are achieving R135 per m2 and the offices approx R110 per m2. There is further development possible as only a small area of the total foot print used. A very neat, tranquil and popular centre. The building has low maintenance as its Chromadec roof and plastered walls. The retail shops are totalling 850m2 and the offices on the second floor 285m2.The annual turnover amounts to R1,6 million witch amounts to a profit of R963 000 per annum. All the shops are occupied with an annual increase of 8%. The income predicted for next year will give a R1 mil nett return. The property is registered in a VAT entity and the company can be bought over. Contact me for the financials and more detailed information.


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