Property description

This well-maintained 3-storey mixed-use building offers an excellent blend of retail shops and residential flats, ensuring a consistent and reliable rental income stream. With a total monthly income of R65,000, this property is ideal for investors seeking a secure return in a sought-after location.

Tenant & Income Breakdown:

• Shops:
• Shop 1 – R10,450 p/m
• Shop 2 – R4,900 p/m
• Shop 3 – R4,900 p/m
• Flats (5 units): Each earning R8,950 p/m

Key Features:

• Own Water Meters & Prepaid Electricity – Efficient utility management
• 3 Floors – Functional mixed-use layout with ground-floor retail and upper-floor residential units
• Reliable Tenants – Stable occupancy and income flow

This is a solid, income-producing property that offers both commercial exposure and residential demand in one strategic investment. 

This site is perfect for developers, owner-occupiers, or investors seeking a strategic location with zoning that supports diverse business models. Priced at around R21,260 mil excluding VAT.  

Contact Anthony to explore development options or arrange a site visit