Sector - Property
Renovated and neat 15 duplex units with lockable garages. . Neat gardens .Growth potential. Near Shopping Centre in CenturionGive me more information
How does the business operate on a daily basis?
The handy man/ caretaker stays in one of the units and do the repair work and manage the laborer doing the cleaning and maintenance of the garden.
How could the profitability of the business be improved?
The Rental charged can be increased.
The other option is to do a application for sectional title on the duplex units and then sell it off as sectional units.
The estimate cost for this will be about R10 000 per unit and will the Selling price of similar units in the area Sells for R880 000 and more. The quotations of the Town planner and Surveyor are on file and will a attorney do the Sectional title Register.
What are the main assets of the business?
The main asset is the 15 Duplex units
This is a block of Duplex units walking distance from the shopping center. Easy the manage as a Investor.
Growth potential . Units is fully let.
Doing the Sectional Title route can unlock a good return on investment.
What is the reason for the sale?
The Trustees want to consolidate their businesses.
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