PRICE REDUCED
Web Ref CL425
Mixed-Use Investment Opportunity – Apartment Block and Office Block For Sale
Two adjacent blocks, centrally located and ideal for diversified income generation. Whether you're expanding your portfolio or eyeing redevelopment, this standout offering includes:
-31 Fully let Residential Apartments
-7 Fully Let Retail Shops.
- Approx. 1800 m2 of Commercial space, with a vacancy of 600m2
- Scope for Modernization or Expansion to Boost Rental Yields
- partitioned Offices with Potential for Conversion to Residential Units
Additional Features
- Long lease Vodacom Tower Onsite.
- 2 working Lifts.
Room for Growth with Full Occupancy and Upgrades
Set in a high-visibility, accessible hub, this property benefits from surrounding amenities and infrastructure, offering strong appeal for tenants and business owners alike.
Investment Versatility
Different revenue streams, from residential leases to commercial rentals, make this property an ideal choice for long-term gains. Consider redeveloping the office block to meet rising housing demand.
Growth Potential
With a Gross Annual turnover of approx. R4 500 000 ex VAT and capacity for increased returns through full occupancy and redevelopment, this is a sound investment primed for appreciation.
Don’t miss out on this opportunity offering both residential and commercial upside.
Contact us today to arrange a viewing.
-31 Fully let Residential Apartments
-7 Fully Let Retail Shops.
- Approx. 1800 m2 of Commercial space, with a vacancy of 600m2
- Scope for Modernization or Expansion to Boost Rental Yields
- partitioned Offices with Potential for Conversion to Residential Units
Additional Features
- Long lease Vodacom Tower Onsite.
- 2 working Lifts.
Room for Growth with Full Occupancy and Upgrades
Set in a high-visibility, accessible hub, this property benefits from surrounding amenities and infrastructure, offering strong appeal for tenants and business owners alike.
Investment Versatility
Different revenue streams, from residential leases to commercial rentals, make this property an ideal choice for long-term gains. Consider redeveloping the office block to meet rising housing demand.
Growth Potential
With a Gross Annual turnover of approx. R4 500 000 ex VAT and capacity for increased returns through full occupancy and redevelopment, this is a sound investment primed for appreciation.
Don’t miss out on this opportunity offering both residential and commercial upside.
Contact us today to arrange a viewing.
Features
Zoning
Commercial
Exterior
Security
No
Sizes
Floor Size
6,000m²
Land Size
1,253m²
STREET MAP
STREET VIEW
