This well-positioned, mixed-use building block offers a lucrative investment opportunity in a high-demand area, ideally located just minutes from the highway and within walking distance to a popular local school. The property combines strong residential rental income with high-footfall commercial tenants, making it a balanced and secure income-generating asset. Property Features: Commercial Component: A vibrant retail frontage featuring 6 fully-let shops: Popular Restaurant Well-stocked Toy Store Convenient Mini-Mart Internet Café Licensed Liquor Store Excellent street visibility and signage opportunities Steady foot traffic from nearby school and main road commuters Residential Component: 9 spacious, well-maintained rental units Each unit includes 2 large bedrooms Private garages and dedicated parking for each unit Secure access and well-kept communal areas Fully tenanted with consistent rental income Location Highlights: Prime access to major transport routes and public transport Close proximity to a well-known school increases appeal to families Situated in a well-established, mixed-use neighborhood with growing demand This property is ideal for investors seeking a stable, multi-income stream asset with future development potential. Its blend of commercial and residential appeal, strong location, and reliable occupancy rates make it a standout opportunity in the market.
Purchase Price R 14 000 000
Building Size2392 m2
Price Per SQMR 5852 m2
Type of PropertyBusiness
Land Size3456 m2
Last Updated24 May 2025
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