Joint Mandate

Retail for sale in Mitchells Plain Central

R850,000
  1. 1,000m²
  2. Web Ref: 1157214
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Property Features

ERF Size 1,000 m²
Building Size 85m²

Iconic Barbershop for sale in Mitchells Plains Town Centre,

The 85 m2, Rajie’s Barbershop and Ladies Hair Salon is for sale in Mitchells Plain Town Centre, Woolworths Building. Fully fitted with six chairs, mirrors and waiting bench, this property has an income potential of R 21 000.00 per month.

With a current municipal valuation of R 1, 1 million, municipal rates at R 1 090 and body corporate levies at R 1 600.00, the asking price is R 850 00.00 (no vat.) giving a potential 25% yield.

Located in a high foot traffic area, the property can be purchase with the current tenants or be vacant on transfer.

Viewing by appointment only.

Contact the broker

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Candidate Property Practitioner
Registered with the PPRA
Unit 2 Corner Gabriel & Timour Hall Road, Plumstead

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