| Prime Multi-Use Property with High Revenue Potential !! |
This Property Offers A Unique Investment Opportunity, Boasting A Diversified Mix Of Tenants Across Multiple Floors, With Existing Income Streams And Significant Potential For Increased Revenue.
GROUND FLOOR OVERVIEW:
Fully Occupied With A Variety Of Businesses, Each Contributing To A Steady Monthly Income. Key Tenants Include A Hardware Store, Takeaway Shop, Signage Shop, Cell Shop, Hair Salon, And An Eating Place. These Businesses Cater To A Wide Range Of Customers, Ensuring A Consistent Flow Of Income. The Presence Of An Upstairs Office, Associated With The Hardware Store, Adds Further Value To The Ground Floor Revenue.
FIRST FLOOR:
The First Floor Is Currently Home To Three Established Businesses: A Psychology Practice, A Beauty Inn, And A Computer Services Company. These Tenants Provide A Solid Foundation For Monthly Income
SECOND FLOOR:
Currently Underutilized, With A Vacant Top Unit Available For Lease. This Unit Offers An Additional Income Stream.
FINANCIAL OVERVIEW
The Property Is Already Generating A Substantial Annual Income,
With Monthly Earnings From The Existing Tenants. The Current Expenses Are Well-Managed, Allowing For A Healthy Net Annual Income , Positioning This Property As A Highly Profitable Investment.
Invest In This High-Yield Property And Unlock Its Full Income Potential!
ERF Size 866 m²
Building Size 497m²
Rates R5 per month
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Zubair Makda
c. 082 334 1214
zubair.m@rawson.co.za
Nasrin Moolla
c. 0823341214
nasrin.moolla@rawson.co.za
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