Details

Investment Summary

• Vacant
• Gross Lettable Area [1 274m²]
• Purchase Price POA
• Annual Rates and Taxes R 46 985.00

Location

Virginia Gardens Street is situated in the central part of Virginia. It is considered to be one of the busiest streets in the town, with many local investors choosing to invest in the area. Major arterial routes surrounding the town include the R730 and R73, which offers easy access to large business nodes such as Welkom and Bloemfontein.

Building Description

The building comprises of a commercial and residential portion. There are two flats (222m² and 81m²) situated on the Second Floor, with ablutions, laundry room and lift room situated on the Roof Level. The rest of the building is commercial space that was used as offices.

The building is situated on a corner stand with maximum exposure and visibility for passers-by. It comprises of an open plan layout.

The building is zoned as Business 1, with a coverage of 60% and FAR of 3.0.

Erf Description

ERF 1327

Landowner

FirstRand Bank Ltd

Lettable Area

1 274m² of GLA

Annual Rates and Taxes

R 46 985.00