Vacant Land For Sale in Randburg

Property description

For Sale 15 Residential Units & 5 Commercial Spaces.

This versatile multi-tenanted property, situated on a substantial 1,737 m² stand in the heart of Fontainebleau, Randburg, offers a robust entry point for investors seeking consistent cash flow and diversified risk. The property’s strategic layout caters to both the high-demand residential rental market and the local commercial sector.

Key Features:
- Residential Component: 15 well-appointed units providing a steady residential income stream.

- Commercial Component: 5 street-facing or accessible commercial spaces, ideal for small businesses or retail services.

- Supporting Infrastructure: On-site storage facilities and ample open parking for tenants and customers.

- Essential Amenities: Communal and private toilet facilities designed for high-occupancy management.

! - Investment Potential: With a prime location on Maria Street, the property benefits from excellent visibility and proximity to Randburg’s commercial hubs. At full occupancy, this asset has the potential to generate a gross monthly income in excess of R150,000, representing an exceptional yield for the discerning buyer.