prop9

COMMERCIAL PROPERTY FOR SALE IN HOEDSPRUIT Price ZAR10,800,000 4168 2 PROPERTY FEATURES Prime location Foot traffic Lifestyle centre Modern 900sqm building 1135sqm letting space 100% occupancy In demand In Hoedspruit town Good return on investment This centre has a wonderful atmosphere with an open courtyard garden and water feature between the retail shops. The building has a modern design with chromadek and exposed roof trusses completing the spacious and open feeling. Parking bays are located around this centre, which is located on a main street close to the Pick ‘n Pay Shopping Centre. The building has two levels and a footprint of 900sqm. The entire letting space, which includes a car wash, totals 1135sqm. With 100% occupancy of tenants, the centre’s popular location speaks for itself. The centre currently has an annual turnover of R1.6 million - netting R963 000 before tax. Projections show a nett income of R1 million in 2019, providing a return on investment of approximately 9%. This commercial centre is owned in a VAT registered company. Tenant information

 

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