COMMERCIAL FOR SALE IN ELLISRAS IN SOUTH AFRICA

This building is only 4 years old on the corner of Hendrik and Jacobus Street, Lephalale. It has three floors approximately 300m2 each. The ground floor can be utilised as shops or offices. They each have their own toilet, basin and kitchenette. The first floor is purpose built for Vetus Schola Security company. That means there is in-house security. The second floor has 11 offices with communal toilets and kitchenette. Seven of the top floor offices ar m2, one is 14m2, one 28.5m2 and on 24m2. The ground floor has 3 offices of m2, one of 53 and one of and one of 19m2. The outside walls are facebrick. The entrance hall can easily be turned into a reception area. It was built for that specific purpose in mind, but then changed with dry wallin since the demand was not there. Leases all tied up for 12 months. There is a new policy from Medupi and Exxaro whereby they require all people and business doing business with these companies to own or rent office space in Ellisras. This bodes well for this building as it offers prime and modern office space. The building is owned in a VAT registered entity, making a zero rated VAT transaction a possibility. Nett Income Updated 28 August Rpm Please find attached images, plans and relevant information on this prime commercial property now released. Price Guideline: R8 Terms of purchase: 10% deposit, 10% buyers commission + VAT, balance of purchase price 30 days from date of acceptance. Excellent investment building featuring good returns and scope to increase income. The subject property is surrounded by good quality buildings. About Elisras (Lephalale): The growing economy of Lephalale is dominated by mining, electricity production, tourism, agriculture and game farming. Lephalale or Ellisras is a developing town in the Limpopo province of South Africa immediately east of the Waterberg Coalfield. Internal Agency Ref No:ZZ Property Reference #: Nearby Schools: This building is only 4 years old on the corner of Hendrik and Jacobus Street, Lephalale. It has three floors approximately 300m2 each. The ground floor can be utilised as shops or offices. They each have their own toilet, basin and kitchenette. The first floor is purpose built for Vetus Schola Security company. That means there is in-house security. The second floor has 11 offices with communal toilets and kitchenette. Seven of the top floor offices ar m2, one is 14m2, one 28.5m2 and on 24m2. The ground floor has 3 offices of m2, one of 53 and one of and one of 19m2. The outside walls are facebrick. The entrance hall can easily be turned into a reception area. It was built for that specific purpose in mind, but then changed with dry wallin since the demand was not there. Leases all tied up for 12 months. There is a new policy from Medupi and Exxaro whereby they require all people and business doing business with these companies to own or rent office space in Ellisras. This bodes well for this building as it offers prime and modern office space. The building is owned in a VAT registered entity, making a zero rated VAT transaction a possibility. Nett Income Updated 28 August Rpm Please find attached images, plans and relevant information on this prime commercial property now released. Price Guideline: R8 Terms of...