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Just Property Group | www.justpropertygroup.co.zaPROPERTY DETAILSPrinted on 20 May 2012 | 01:20:53 |
Apartment For Sale in Kroonstad Rural
PROPERTY DETAILS
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APARTMENT FOR SALE IN KROONSTAD RURAL
The property are well situated in the town main road and alongside Valsriver. There are currently two development projects planed for the immediate area, which will increase the value of property in the area. There arer two commercial tenants which contribute to 20% of the overall income. The main income for the property spans from permanent residential tenants. There is a dining room that provides breakfast and dinner to the tenants. The property has a big conference facility that is used for religions meetings and commercial presentations. The first and second flour are used for a guesthouse. it cosists of 32 rooms. This includes 8 family rooms, 12 en suite bedrooms and allot more. The income generate from this are 40 % of the properties income but has potential to be increased by 200%. There are a big bar, pool room, bear garden and swimming pool that is currently not utilized. The property has allot of potential. Two areas can be changed to commercial retail rental space. The hole property can be redesigned to be used as residential flats to be rented or sold under sectional title scheme. For this purposes a lift is in use. Employee accommodation is available and parking. Three of the five stands can be sold or develop apart from the main property. This is a great opportunity for investors to turn a good property in a great income generator.
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FEATURES
Title
Zoning
Building Size
Land Size
Building Ht.
Security
Zoning
Building Size
Land Size
Building Ht.
Security
-
-
0m²
3,750m²
-m
No
-
0m²
3,750m²
-m
No
Open Parkings
Covered Parkings
Floor Load Capacity
Power 3 Phase
Power Amps
Air Conditioning
Covered Parkings
Floor Load Capacity
Power 3 Phase
Power Amps
Air Conditioning
-
-
-Tn/m²
No
-
No
-
-Tn/m²
No
-
No
PROPERTY FINANCE
CONTACT THE AGENT
Talbot Sadler
Kroonstad (Just Residential)
Cell Number 056 213 4198
Office Number (056) 2134198
View all listings by this agent
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PHOTO GALLERY
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PROPERTY DETAILS R0Web Ref: b3_1507 APARTMENT FOR SALE IN KROONSTAD RURAL |
FEATURES
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