R 1 628 000 | building property for sale in maitland

LOCATION, LOCATION, LOCATION!! Yes that cliche, will see the return on your investment monthly. Position your business and investment in one of the area's most convenient locations. This GB5-zoned mixed-use duplex in the popular Coronation Court complex offers two fully self-contained units. Unit A (Commercial) comprises approximately 55m² of versatile office or business space with three ground-floor rooms, a storeroom, kitchenette, bathroom, air conditioning, alarm system, signage opportunity and its own prepaid electricity meter. Unit B (Residential) features a spacious 58m² one-bedroom apartment with an en-suite bathroom and open-plan kitchen and living area, complete with air conditioning and a separate prepaid electricity meter. The units can be used independently or reconnected into a single property, offering excellent flexibility for owner-occupiers or investors. Secure remote-controlled access, parking for two vehicles, possibly 3 vehicles, and a prime location just minutes from the N1, N2 and Cape Town CBD complete this outstanding opportunity. Seller has approval from Body Corporate to build a garage, subject to municipal approval of building. 200W Solar Panel Installed – The home is pre-equipped with a permanent solar panel, allowing buyers to easily connect their own compatible battery backup system for essential power during outages. Potential rental income of R13 000 - R16 000pm