Property for sale in Newlands
This property currently has 4 tenants generating rental income. These rented flats generate an investment income of R24 000 on pre paid electricity.
There are 3x flats contributing to a steady stream of revenue. Additionally, there are 2x empty yard spaces available for further rental opportunities. The yard space measures 500sqm and is partially covered.
The premises has a three-phase 60 amps electrical power supply available. There are 3 entrances into the property, 5x ablution facilities with 2x showers, and 1x kitchen. The building is conveniently located with easy access to main roads and offers excellent main road exposure.
Overall layout: approximately 900m² comprising office space, workshop, and warehousing on a 1020m² stand, with residential flats situated on the second level.
Features
Exterior
Sizes
Newlands, Johannesburg
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