BUSINESS OPPORTUNITY – PROPERTY RENTAL (ONE BUILDING) IN SOUTH AFRICA

No purchase price – just a monthly rental!!! A four-storey building in Elsies River / Goodwood is available to run for your own account. m2 consisting of ground open-plan ground floor retail space (m2) plus 14 flats on top floor (already tenanted at R/m) plus another two floors (m2) comprising the 1st and 2nd floors. Prepaid water and electricity meters installed this week. Terms to be discussed: probably be on the basis of signing a headlease, being responsible for all operational costs (security, water, electricity, etc). Full rental for the building could range from R to R, depending on what you wish to put in. Sketch plans have been drawn up to convert the middle two floors into 109 bedrooms, ideal to create bedrooms for students; alternatively a church, gym (which it was previously), call-centre, community centre, training centre, school, storage, etc). Open to further discussions, eg sale of whole building, sourcing tenants on a commission basis, renting only part of the building (headlease and subletting), etc. Contact me for further information, diagrams, etc. 73 Halt Road, corner Tyne Road (map is not correct).