Mixed Use for sale
Commercial property For Sale!
Create a community hub in quiet Mandalay with easy access to transport and motorways; 3,477 m² erf with a 282 sqm former ECD building and R3,500/month cell-tower income.
This Erf is zoned as a Community, and can be used as a place of worship, education, or a medical clinic.
There is a building on the property, which measures 282 sqm. This was used as an ECD centre. The building has been vandalized and will require full renovation or can be demolished.
The building was specifically designed as ECD Centre and consisted of the following:
Reception area
4 Classrooms
Toilets for toddlers
Kitchen
2 Storerooms
Diaper room
The building can be rebuilt to the same specifications or altered.
There is also a lease agreement in place, for a cell phone tower on the property. This brings in an income of R 3 500pm.
This property is in a quiet part of Mandalay and is close to public transport and major motorways.
This property is ideally suited for a Church or a new ECD Centre or an ECD Centre looking to expand its footprint.
Only cash offers will be accepted.
Asking Price R1 500 000 excluding VAT.
Please note, that this is a VAT SALE.
If you are interested in viewing this property, call Frances to arrange a viewing, or to discuss any industrial/ commercial or retail property requirements that you may have.
Frances Gray-Mnukwana is a representative of Real Estate Power CC, trading as REAL REALTY
Ownership costs
Property history
Listed for sale at R1,500,000
