Commercial building with excellent return on investment Knysna for sale
Land size : 1744 sq m
Building size : 1050 sq m
Approximate Replacement cost :
Land R 1,400,000
Building R 3,150,000
Total replacement cost : R 4,550,000
Current nett annual income : R 233,106
Selling price : R 2,870,000
Return on investment: % nett return Year
8.1 2010
8.9 2011
9.8 2012
10.8 2013
Industrial Property : rental information
Unit Sq m Actual rental Renewal Date
1 227
2 155 R 5,500.00 01 March 2012
3 153 R 3,500.00 01 March 2011
4 147 R 3,500.00 31 January 2012
5 134 R 4,405.50 01 March 2012
6 41 R 1,100.00 Monthly
7 41 R 1,320.00 30 September 2010
8 41 R 1,320.00 01 February 2012
9 41 R 1,200.00 31 August 2012
10 40 R 1,200.00 31 August 2012
11 41 R 1,200.00 31 August 2012
average/ sq m
Totals 1059.5 R 24,246 R 22.88
Insurance R 520
rates R 1,800
water/elec R 2,500
Total expenses R 4,820
Nett rental after expenses R 19,426
Annualised : R 233,106
R3 150 000
Commercial
The Susan Deacon Property Group - ID5156
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