R 7 495 000 | business property for sale in ottery

Prime commercial property for sale, opposite Makro and Pick n Pay with high visibility from busy Ottery road and easy access to Strandfontein road. The property is zoned mixed use and consists of both commercial and residential assets. Long term leases are in place for the well established businesses on the ground floor. First level consists of 4 residential apartments: 3 x 2 bedrooms, bathroom and kitchen living room 1 x 3 bedrooms, bathroom and kitchen living room The apartments have potential income of R25 000. Conservatively the property will generate a blended income of R75000 per month or R900 000 annually. Ample on site parking. Fenced in for security. Easy access to M17. Strict Covid protocols apply when viewing. Contact Adie today to arrange a private consultation to discuss your property needs!