For Sale Is A Commercial Property With Great Passive Income Potential
This commercial property has lots of possibilities. Located on 1220 sqm premises, this property was initially planned to be developed as a townhouse complex, currently, this property has three storage units (4mX7m) and an office space (3,5mX4m) with a kitchenette and bathroom (toilet and sink).
This property is well-constructed and has not been occupied and is ideally situated close to wholesalers. The new owner can either continue to use the property as a storage facility or build residential units for rental income on the remaining plot of land. There is a great opportunity for both businesses to flourish in Aliwal North as the town has a great need for storage facilities and to mention the need for rental accommodation.
To arrange for viewing, don’t hesitate to give me a call.
Aliwal North forms part of the MALETSWAI municipal area that also includes Jamestown, and forms the heart of business activity in the Eastern Cape Highlands. It is the main economic node and centre for trade, services and agricultural support to the north eastern part of the Eastern Cape Province. The town is complemented by the enterprising residential and recreational spectrum, with well preserved buildings and...
More Info
Sign-up and receive Property Email Alerts of Storage Units for sale in Aliwal North, Aliwal North.
Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.