Registered in a CC
Erf size 3043 m²
INVESTMENT OPPORTUNITY - PROPERTY GENERATES VERY
GOOD INCOME!! (+- N$177,000 p/m excluding vat)
The existing Lease Agreement is 5 years until Sept 2024 with renewal and escalation is 6%
Consists of:
* A large trading area
* Offices
* Teller's station
* Storerooms
* ablutions
* Receiving area
* Large parking area
(Valuation - 2021 - N$17,100,000)
* Rates & Taxes - N$4,600 p/m
* Insurance - N$3,000 p/m