Property description

Prime Mixed-Use Investment Opportunity in the Heart of Mayfair

Unlock the potential of this income-generating mixed-use property, perfectly positioned in the heart of Mayfair. Offering both residential and commercial income streams, this is an excellent opportunity for investors seeking strong monthly returns.

The property features 2 lock-up retail shops on the ground floor, with a well-established supermarket currently occupying one of the commercial spaces. The upper levels comprise 4 residential units, including 3 bachelor apartments and 1 spacious one-bedroom apartment with a lounge, kitchen, and bathroom.

Generating a monthly income of approximately R20,000, this property offers an attractive return with room for future growth.

Property Features:

Asking Price: R1,600,000

Prime Mayfair location

Mixed-use investment property

2 Lock-up retail shops (ground floor)

3 Bachelor units

1 One-bedroom apartment with lounge, kitchen & bathroom

Total building size: 120 m²

No parking

Net rental income: ±R20,000 per month

Excellent exposure and easy access to major transport routes

A fantastic investment opportunity for buyers looking to expand their property portfolio with a well-located, income-producing asset.