3 STOREY BUILDING PRINCESS TOWN FINAL APPROVALS WITH A MONTHLY INCOME
Three Story Building For Sale Located In a High Traffic Area in Princess Town.
Listed at $4,995,000. Neg
Call 492 -8899
The Top-Level floor space is 1,785 Sq Ft. (51 ft. x 35 ft. It's freehold and comprises 2 two-bedroom apartments which are outfitted with shower enclosures and separate washing areas. They are equipped for use of heavy-duty washers and dryers.
Features include hot & cold water, ceramic tile floors, PVC ceiling, and AC in the master bedroom.
Rental Income - $6000.
The Ground Floor Level is 1,960 Sq. Ft. (56 ft x 35 ft) and comprises a bar with kitchen,
2 male and 2 female toilets, a dining area, and 2 separate outdoor smoke areas.
It comes with 2 Stock rooms one on either side of the building and a tank stand that has the capacity to hold 4 - 1000 gals water tanks.
Bar Rental Income - $17,000.
The basement Level is 870 Sq. Ft. (30.2 ft x 29.11 ft). It comes with a two and one-bedroom apartment with full bathrooms, kitchens, and living room areas that are fully tile.
Rental Value - $5,000.
The Front yard is paved and fenced with a driveway for 3 vehicles.
The paved area is approximately 85 ft. from the road to the building for parking.
Also being sold with the building is a Road-Side Food Hut which can also be utilized as a vegetable stall.
Rental Income -$1,000.00.
There are approximately 5000 sq ft of additional land at the back of the building that is easily accessible.
This property comes with Final Approvals from the Regional Corporation and a Completion Certificate for Building.
Approximately 2 minutes to the heart of Princes Town and a one-mile radius to banks, schools, malls, churches, pharmacies, Princes Town Court House, Restaurants, etc.
Easy access to public transportation
Land - 12,500 Sq. Ft
Free from all encumbrances.
Being sold with tenants under lease till October.
The buyer has the option to keep the tenants after December or it can be sold with vacant possession when the lease expires.
Total Income - $29,000.
A great investment.
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