Property description

Positioned on a prominent corner with excellent access, this ±500 m² mixed-use property offers a compelling blend of retail and residential income streams. With nine tenants across commercial and residential units, the site delivers consistent monthly returns and holds promise for future development.

Key Features:

• Site Size: ±500 m²

• Monthly Income: ±R60,000

• Tenants: 9 total (retail + residential)

• Price: R6,5 million Exluding VAT

• Access: Prime corner site with strong ingress via adjacent road

Rental Breakdown:

• Shops (Units 1–4): R3,000 – R8,500/month

• Some include integrated residential accommodation

• Flats (5 units): R7,500 – R9,500/month

Additional Notes:

• Several units offer dual-use potential (commercial + residential)

• Corner positioning enhances visibility and future development access

This site is ideal for investors seeking a manageable, income-generating asset with upside potential through tenant optimization or redevelopment. Its location and layout offer flexibility for future upgrades or reconfiguration.

Contact Anthony for lease details, site plans, and viewing arrangements.