R 4 250 000 | building property for sale in parlock

Property Description

Positioned on 1,012m² of prime land along sought-after Inanda Road, this exceptional investment property offers the ideal combination of immediate rental income and approved expansion potential. The property currently comprises three ground-floor retail shops together with two upper-level premises, generating a combined gross rental income of approximately R26,000 per month. Adding significant value are approved plans for an additional 8-bedroom lodge on the remaining portion of the property, providing an outstanding opportunity to expand the existing improvements and significantly enhance the property's future income-producing potential. Property Features • 1,012m² of land • Prime Inanda Road location • Three ground-floor retail shops • Two upper-level premises • Gross rental income of approximately R26,000 per month • Approved plans for an additional 8-Bedroom and 8-Bathroom lodge including domestic accomadation • Ample on-site parking • Excellent road frontage and visibility This is a rare opportunity to acquire an income-generating property with approved expansion potential in one of Inanda Road's most sought-after locations. Contact Shavir Singh today for further information or to arrange a private viewing.


Property Details

Purchase Price R 4 250 000

Building Size300.00 m2

Type of PropertyBuilding

Monthly Rates8186.00

Land Size1012.00 m2

Last Updated27 Aug 2026

Property Location

Agent

Shavir Singh

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