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This building is at the bottom part of High Street which is opposite the old Grand Hotel. A very good income generating property
It has two shops on the bottom front side of the property, one being rented as a hairdressing saloon. The other is a spaza shop with a take away and grocery section. On the side of the building is the entrance to the flats and rooms which are all rented out at different rentals.Pay as you go electricity in each section of the building. Rates are R8035.37. A separate account for water which is between R16,889-R21,251 depending on use. Each tenant is billed accordingly.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
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