- 991.0 m2
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Mun. Rates & Taxes: ZAR 11438.70
Property description
Multi-Purpose Investment Commercial Building with Established Rental Income of R50K plus
This strategically positioned corner stand commercial property in Alberton North offers a compelling investment opportunity with multiple revenue streams. The two-storey building is fully operational and generating consistent monthly rental income of R50,000 and above, providing immediate returns on investment.
The ground floor comprises three spacious retail shops, each with its own office and bathroom facilities, ideal for independent retailers or service providers. The first floor houses a functioning school with six classrooms, administrative office, and separate male and female bathroom facilities, serving the local educational market. The second floor features a creche operation with a kitchen, three bedrooms, and two bathrooms including an ensuite to the main bedroom, maximising the property's commercial utility.
This property represents a rare opportunity to acquire a fully tenanted, multi-use commercial asset with diversified income sources. The combination of retail, educational, and childcare facilities creates a resilient investment with strong community demand.
Key Features
* Corner stand location with high visibility and accessibility
* Three ground floor retail shops with individual offices and bathrooms
* First floor school with six classrooms and administrative facilities
* Second floor creche with kitchen and residential accommodation
* Secure parking with four carports and additional parking spaces
* Security gate for tenant and asset protection
* Outside toilet facilities
* Established monthly rental income of R50,000 plus
Contact us today to arrange a private viewing and explore this exceptional commercial investment opportunity.
Property Details
Property Features
- Three Shops on Ground Floor
- School on Second Floor with Bathrooms and Kitchen
- Church on Second Floor with Bathrooms and Kitchen
- Corner Stand
| Erf Size | 991.0 m2 |
