Ref. No - BFS937587

LocationSouth Africa, Mpumalanga

Ref. No - BFS937587

Sector - Property

Asking Price
R3,400,000
Monthly Profit
R23,828
Asset Value
R 2,593,000
Stock Value
R 0
Yearly Net Profit
R 285,933

Summary

Low maintenance property ideally situated and with 10 multipurpose units. Also available for expansion by adding floors. The price is NEGOTIABLE

Give me more information

How does the business operate on a daily basis?

The building rents out the space and the administration is being done by a managing agent

What Advertising/Marketing is carried out?

Nothing

What competition exists?

This is a unique building with many tenants. Most of the buildings in the area is one big space

How could the profitability of the business be improved?

Increase rental
Increase floor space by adding more levels

When does the current lease end?

The seller owns the building

What are the main assets of the business?

The building is the main asset

Strengths?

Well managed
Property is in demand
Centrally located

Weaknesses?

Wasn't fully rent out in 2024

Opportunities?

Property can be expanded by adding floors

Threats?

Economic pressures

What is the reason for the sale?

Owner devesting in property due to age

Contact | Enquire

Rudi

Rudi White

LocationSouth Africa, Gauteng

Preferred method of contact

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