This versatile investment property presents an outstanding opportunity for entrepreneurs and investors alike. The property combines a functional commercial office space with 4 income-generating apartments, creating multiple streams of revenue from one well-positioned asset.
Currently generating an income of approximately R17 500 per month, with one apartment presently vacant, the property still offers immediate earning potential with room to increase returns once fully occupied.
Adding even greater value are the incomplete structures on the property, offering the perfect opportunity for further development and expansion. Whether completed as additional rental units, office space, storage facilities, or accommodation, the possibilities are extensive for an investor with vision.
The spacious yard further enhances the property's appeal, providing ample room for future expansion and development to maximize the property's full income-producing potential.
A rare opportunity to secure a property that not only delivers existing income but also offers significant growth potential for the future.