PRICE REDUCED
Web Ref CL9227
R7,830,000
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Monthly Rates
R20,453.70
R20,453.70
Prime Commercial Property for sale in Modimolle.
Prime Commercial Property for Sale in Modimolle
This commercial property is ideally situated in the prime central location of Modimolle, previously known as the ABSA building. It is currently rented out as shops and office spaces, providing an existing rental income. The location of this property offers significant commercial advantages.
Key Features:
Prime Location: Centrally located in Modimolle, offering high visibility and accessibility.
Rental Income: The property is generating current rental income from the shops that are already rented out. Rental breakdown can be requested by the agent
Pre-Paid Electricity Meters: Each shop and office is equipped with its own pre-paid electricity meter for convenience.
Spacious Offices: The offices are large, convenient, and in good condition.
Shared Amenities: There are sufficient shared kitchens and his and her bathrooms.
Additional Income: A separate covered parking bay is currently used as a carwash, generating additional income.
Potential Uses:
Separate rentals for various businesses
Ideal for a college, academy, or beauty school, office space and retail shops
The ground floor features nine retail shops of which it will attract high traffic and ensures maximum visibility. These shops are ideal for a variety of businesses, from boutiques to cafes, creating a vibrant commercial hub.
The seller is VAT registered, providing potential tax advantages for the buyer.
The opportunities are endless with this property, and its prime location makes it an excellent investment opportunity.
ANY ADDITIONAL INFORMATION OR DOCUMENTATION CAN BE REQUESTED BY THE AGENT.
**** THIS PRICE IS VAT EXCLUSIVE ****
This commercial property is ideally situated in the prime central location of Modimolle, previously known as the ABSA building. It is currently rented out as shops and office spaces, providing an existing rental income. The location of this property offers significant commercial advantages.
Key Features:
Prime Location: Centrally located in Modimolle, offering high visibility and accessibility.
Rental Income: The property is generating current rental income from the shops that are already rented out. Rental breakdown can be requested by the agent
Pre-Paid Electricity Meters: Each shop and office is equipped with its own pre-paid electricity meter for convenience.
Spacious Offices: The offices are large, convenient, and in good condition.
Shared Amenities: There are sufficient shared kitchens and his and her bathrooms.
Additional Income: A separate covered parking bay is currently used as a carwash, generating additional income.
Potential Uses:
Separate rentals for various businesses
Ideal for a college, academy, or beauty school, office space and retail shops
The ground floor features nine retail shops of which it will attract high traffic and ensures maximum visibility. These shops are ideal for a variety of businesses, from boutiques to cafes, creating a vibrant commercial hub.
The seller is VAT registered, providing potential tax advantages for the buyer.
The opportunities are endless with this property, and its prime location makes it an excellent investment opportunity.
ANY ADDITIONAL INFORMATION OR DOCUMENTATION CAN BE REQUESTED BY THE AGENT.
**** THIS PRICE IS VAT EXCLUSIVE ****
Features
Zoning
Retail
Exterior
Security
No
Sizes
Floor Size
1,293m²
Land Size
1,673m²
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