- 457 m2
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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 1715.49
Property description
Nestled in a prime location, this commercial property exudes potential and promises a lucrative investment opportunity for the discerning buyer. Situated in a sought- after area, this property offers five shops that, when fully occupied, generate a substantial monthly income of R28,228, Electricity is prepaid, where each shop has its own loading pad. With a remarkable return on investment of 21.2%, this property presents a compiling proposition for those looking to expand their portfolio or enter the commercial real estate market.
While the property may require some tender loving care (TLC), its underlying value and income- generating potential make it a worthwhile venture. The versatility of this space is truly remarkable, as it is zoned for both commercial and residential use.
Opening up a myriad of possibilities for prospective buyers. Whether you envision transforming the shops into vibrant retail spaces, cozy cafes, of stylish offices, the flexibility of this property allows for endless creative opportunities.
Conveniently located in close proximity to Germiston Primary School, Bertha Gxowa Hospital, and Germiston Lake, this property enjoys a
strategic position that offers accessibility and convenience to both residents and businesses alike. The bustling surroundings and vibrant community make this property an attractive choice for entrepreneurs seeking a thriving location to establish their business ventures.
The proximity to key amenities and attractions further enhances the appeal of this commercial property, ensuring that tenants and customers have easy access to essential services and recreational facilities. Whether it’s a quick trip to hospital, a leisurely stroll by the lake, or a visit to the nearby school, the convenience of the location adds value to the property and enhances its desirability.
Please do not hesitate to give me a call to arrange for viewing.
Property Details
Property Features
Erf Size | 457 m2 |