House for sale in East London
R 1 850 000 - 8 Bedroom Business For Sale in Kei Road
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R 1 850 000 - 8 Bedroom Business For Sale in Kei Road

Excellent Income Earning property, great investment.

Business block in Kei Road, was originally a bank, large shop and a smaller shop with a spacious flat upstairs. 2 Double garages and 2 storerooms on large erf with a Orange Orchard at the back. Building is of solid structure with corrugated iron roof and yellowwood floors.
The Bank section is currently on a long lease with a very good monthly rental.
There is Municipal water with a large underground tank for rainwater . Old bank building consist of 4 rooms plus a strong room (one Bathroom)1Large, 1 smaller strong room and a geyser. 2 Storerooms and 2 double garages. Shop consist of large room, kitchen and another room. Upstairs flat with 4 large rooms plus a kitchen and large bathroom.
Second shop consists of one large room divided by drywall into 3 rooms, one of which is a bathroom. There was an old petrol Station, no pumps but there are 2x4,000 litres each petrol tanks buried.

Property Features

Key Features

Bedrooms8
Bathrooms3
Garages2
Erf Size2 222 m²

Interior

Reception Rooms1
Lounges2
Guest Toilet
Kitchen
Toilet
Furnished
Built-in Cupboards

Exterior

Storeroom
Garden
Borehole

Other

Alarm

Contact Agent

Margaret Vigne
082 439 1063 WhatsApp
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Agents

Margaret Vigne 082 439 1063

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Estimated Monthly Repayments

R per month
Loan Term 20 years Interest Rate 11.75%