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A Block of 34 Flats 34 with Undercover Parkings

 

PROFILE    
Description:    This block of full title flats is well situated. Consists of 34 flats (20 are two bedroom, 11 one bedroom and two bachelor units) with 20 undercover parkings. All are fully let and there is a large waiting list of tenants.
Industry / Sector:    Property - Commercial
 
LOCATION    
State / Province:    North West RSA
City / Town:    Klerksdorp / Stilfontein (KOSH) area
Location / Area:   
Portability:    Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
 
PRICE    
Asking Price:    R 8 600 000
 
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 140 000 per month
Profit:    R 100 000 per month
Annual Return:    14 % per annum
No. of Staff:    3
Year Established:    2006
Legal Persona:    - unknown or withheld -
Other Information:   

 

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Record ID: 3001
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