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32 Fourth Avenue, Westdene, Johannesburg, Gauteng
R 2 900 000
THE HOME; The home is spacious and consists of a kitchen, lounge, dining room, 3 bedrooms and a study. There are 2 bathrooms, a double garage, staff quarters and parking for about 6 cars. THE BUILDING; There is currently an upholsterer renting a shop, the corner shop is a grocery store and a storeroom. There are 2 more shops used for storage and there is also a big storeroom on the property. There are toilets and 4 cars can park in the yard. The rental income is currently as follows; The cafe's rent is R8,000pm the upholsterer rent is R5,000pm The two other shops each fetch R7,500. but the owner is currently using them. The house rent is R8,000.00pm The rent for the shops can actually be increased to the following R12,000 to R15,000pm, the upholsterer can be increased to R7,500pm.
Estimated monthly repayment
R 27 386
on a R 2 610 000 bond over 20 years at 11.25%
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32 Fourth Avenue, Westdene, Johannesburg, Gauteng
Listed by
Tshepo Van Zyl
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