Noordwyk - MR340470

House in Noordwyk, Gauteng - Midrand, Gauteng

R 1,997,000

... Numbers not adding up?

4
4
350m2
1020m2
Noordwyk - MR340470
House in Noordwyk, Gauteng - Midrand, Gauteng
R 1,997,000
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Key Features

Rooms

  • 4 Bedrooms
  • 4 Bathrooms

Services

  • Rates and Taxes R932

More Features

  • Property Type - House
  • Seller Type - Private Property
  • Floor Area - 350m2
  • Erf Size - 1020m2
  • Price per square floor meter - R5,706 per m2
  • Price per square erf meter - R1,958 per m2

MyRoof Stats

  • 293 Views
PID=340470 DID=359705 SID=1

GUARANTEED INVESTMENT WITH RENTAL INCOME FOR 5 YEARS

This property provides an established investment opportunity with *net returns of approximately 13.8% per annum.
Located in Noordwyk, this property has a secured lease agreement in place until June 2024, with a reputable tenant who runs an excellent and growing child care business from the premises. The business has an existing client base and is experiencing positive growth monthly. All the licenses and authorizations are in place for the business to operate, with the tenant satisfying every professional standard to maintain compliance and the right to trade in its current capacity.
Please Note: the property is the asset for sale, the business run from the property is not. Any purchaser will inherit the current lease agreement and must uphold the duties of the owner as set out in the agreement.
*Net Return on Investment is calculated using current fixed costs associated with the owner, it does not take into account potential maintenance costs which are not fixed and may or may not arise anytime in the duration of the lease agreement (which is standard in the ownership of any property).
For more detailed financials and information on the property and investment opportunity, or to arrange a viewing, contact Blake or Di.


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