Warren Properties

Game Farms & Property in the Eastern Cape of South Africa

East London CBD - REF 0162

 

LOCATION                   :           East London CBD

 

 

SIZE                             :           Retail Premises 476 m²

 

 

PLUS                           :           6 x 2 and 3 bedroom flats

 

 

INCOME                       :           R3 000.00 per month per 2 bedroom flat

                                                R3 500.00 per month per 3 bedroom flat

 

                                                R14 280 ex vat for the retail shop with a 5 year lease

                                                commencing

                                                1 November 2007 escalating at CPIX plus 2 percent the first

                                                year

                                                thereafter 8 percent

 

RATES & TAXES          :           Rates and taxes are in the region of R3 000.00 per month

                                                landlord

                                                cost for the common property.  Utilities for the flats and the

                                                shop are

                                                recovered from them    

 

                                                 

 

 

 

PRICE                          :           R 3.750 Million

 

 Contact Peter 043 730 7154

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