Hair and Beauty salon for sale on popular street corner!
Don't miss out on this amazing investment opportunity with a monthly profit of R 78 000!
This property with BUSINESS 4 RIGHTS is being sold with all tenants in place, offering a monthly gross income of R 97 000!
Based in a popular street in Melo Park, this commercial property features the following:
MAIN AREA * Large hair salon with 12 workstations and 5 hair basins. * Reception area. * 4 additional private rooms for therapists. * Kitchen. * Bathroom.
OUTSIDE AREA * 3 x Fully equipment hair salons (all separate). * 1 x room for therapists. * Undercover, heated pool rented by a swimming studio. * 21 open parking spaces.
ADDITIONAL FEATURES * Solar system consisting of 5 x 5 KVA batteries with 44 x 20KW solar panels valued at over R 600 000. * Camera system. * Intercom system plus monitor screen for the main gate. * 3 Geysers with 2 heat pumps. * Additional heat pump for the swimming pool.
FINANCIALS * Total current rental income from tennants R 97 294. * Total current monthly expenses ( water, electricity, rates, taxes, security, WIFI and insurance) R 26 451.
THAT LEAVES YOU A PROFIT OF R 78 800 pm!
Nowhere will you find a return on investment this big!
Rental contracts are in place with all tenants.
Zoning: Business 4: Business 4 is the final zoning category for business.
It provides for office use (with or without residential use) and is typified by the growing number of office parks that one sees in South African urban centres today.
Perfectly neat property in excellent condition!
Kindly contact me to arrange a viewing of this amazing property.
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Disclaimer: While every effort will be made to ensure that the information contained within the Koalet Properties website is accurate and up to date, Koalet Properties 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.
