Excellent Investment Opportunity – Mixed-Use Commercial Property
This versatile mixed-use property offers a unique combination of commercial and residential spaces with strong rental returns and future growth potential.
Property Features:
Owner’s Residence: Spacious 4-bedroom home featuring 2 bathrooms, a large modern kitchen, and a comfortable lounge area — ideal for owner occupancy or conversion into additional rental income.
Ground Floor: Fully occupied retail shops generating a solid and consistent income stream.
Upper Level: Two self-contained 2-bedroom flats, each with a bathroom, kitchen, and lounge area.
Current Rental Income: R24 500 per month
Projected Rental Increase (within 1 month): R3,500 (new shop occupancy)
Projected Rental increase ( if living area is rented out) R7000
Full Occupancy Potential: Approximately R 35 000 per month
This property presents an excellent investment opportunity with a blend of commercial and residential tenants, ensuring diversified income and strong long-term returns.
