- 14
- 1 829 m2
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Property description
SOLE MANDATE!
An exceptional investment opportunity awaits with this two-story mixed-use commercial block, ideally located in a high-footfall area.
This solidly constructed property comprises 9 retail shops on the ground floor and 2 spacious residential flats above, as well as 3 smaller flats on top offering immediate rental income and long-term capital appreciation.
Property Features:
Ground Floor – Commercial Units:
Presently there is a doctor's consulting rooms and shops on the ground floor of the building.
Total Units: 9 individual retail shops
Unit Sizes: Ranging from 35 to 137 m2
Tenancy: All units currently tenanted with diverse businesses (convenience store, motor sound systems and cafe.)
Lease Terms: Mixture of long-term and rolling leases with upward-only rent reviews
Frontage: High street visibility with full-glass shopfronts and signage space
Access: Dedicated customer parking
First Floor – Residential Flats:
Total Units: 5 flats that differs from 2 to 3 bedroom units
Condition: Recently refurbished with modern kitchens and bathrooms
Access: Private entrance with stairwell access to residential floors
Tenancy: All flats currently let out with different rental incomes
Income: Steady residential rental income with low turnover
Location Benefits:
Situated on a very good area with strong pedestrian and vehicle traffic
Excellent transport links and public amenities nearby
Growing local population driving up rental demand
Surrounded by complementary retail and business hubs
This rare freehold commercial block offers a balanced, diversified income stream from both retail and residential tenants. Perfect for investors seeking a low-risk, income-generating asset with capital growth potential. All tenancies are in place, allowing for immediate returns from day one.
Property Details
- 14 Bathrooms
Property Features
| Bathrooms | 14 |
| Erf Size | 1 829 m2 |
