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730m² Retail For Sale in Bela Bela

R6,995,000

Old FNB Building, Bela Bela
Web Ref No 6173650

Prime commercial investment opportunity!

This 730M² versatile commercial building offers a world of possibilities and is ready to meet your investment needs.

A landmark in Bela Bela know as the "Old FNB building" FOR SALE....

Here's why you should consider this exceptional investment opportunity:

RENTAL INCOME - The property consist of 3 rental income producing sections - two of this three parts has tenants and rental contracts, producing an income of over R 65 000 per month. The part that is open can contribute another R 12 000 rental income per month.

LOCATION - you can not find a better location for a business property, the building is in the center of town on a prime corner stand with high visibility.

ZONING / BUSINESS RIGHTS - The property is zoned as business 1, with various business rights that can be used on the property including: Hotel, Multipurpose Centre, Medical Consulting Rooms, Shops, Vehicle Sales Lot, Tavern, etc.

The property features: 5 x Offices featuring air-conditioning, kitchen area, bathrooms (3), sufficient parking spaces, good security - burglar bars and security gates,

As a added bonus there is a vacant area of 450 square meters which can be developed and and utilized!

Please note the Seller is VAT registered, should the purchaser be a registered VAT vendor - VAT can be claimed back from SARS after registration.

This is one of Bela Bela's most valuable commercial building with endless possibilities and a secure investment for the future - do not let this opportunity slip through your hands.

Features

Zoning Commercial
Monthly Rates R4,200.00pm Excl. VAT
Floor Size 730m²
Land Size 1,559m²

Broker Contact Details

Rita Riekert
Candidate Property Practitioner
Registered with PPRA
(FFC 202 374 137 1)

Cell 0732367049
Office (082) 3007655

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