This prime commercial property offers a reliable monthly income of approximately R90,000.00 and presents an excellent investment opportunity with great potential for growth. The property consists of 16 units, including both residential and commercial spaces, as follows:
• 4 Bachelor Units generating a combined monthly income of R14,900.00
• 7 One-Bedroom Units with a total monthly income of R35,000.00
• 5 Shops contributing R38,000.00 in rental income
• Storage Room providing an additional R1,000.00 in monthly income
Key Features:
• 15 units are already equipped with prepaid electricity meters and prepaid water meters, offering convenient management and cost control.
• The property holds significant potential for increased income, whether through upgrades, further tenant development, or optimizing current rents.
With its consistent cash flow and opportunity for further growth, this property is an ideal choice for savvy investors. Don’t miss out on this chance to expand your portfolio—contact us today for more details or to arrange a viewing!