Web Ref ORC454
R3,200,000
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Monthly Rates
R4,032
R4,032
Investment Opportunity
Mix use income generating property with existing tenants.
This well-situated property, zoned for mix use, offers you the opportunity to generate income from two shops with existing tenants and three occupied flats. There is also a separate building with multiple storage or commercial opportunities too.
LAYOUT-
ground floor:
Shop 1- double volume unit of approximately 200 Square Meter with kitchen and small office space.
Shop 2- floor space of approximately 50 Square Meter with kitchen and small office space
A separate storeroom with floor size of approximately 100 Square Meter at the back has potential to be utilized as additional storage or room for another commercial concern.
The first floor consists of three flats, one larger than the other two , with balconies.
Each flat comprises-
2 spacious bedrooms with built-in cupboards
spacious lounge
Full bathroom
Compact kitchen
All flats are well maintained, with tiled or parquet floors. Within walking distance to multiple schools and amenities.
The rear yard area comprises five lock-up garages that can be used for motor vehicles or as storage facilities.
There is ample street side parking for clients and visitors.
This well-situated property, zoned for mix use, offers you the opportunity to generate income from two shops with existing tenants and three occupied flats. There is also a separate building with multiple storage or commercial opportunities too.
LAYOUT-
ground floor:
Shop 1- double volume unit of approximately 200 Square Meter with kitchen and small office space.
Shop 2- floor space of approximately 50 Square Meter with kitchen and small office space
A separate storeroom with floor size of approximately 100 Square Meter at the back has potential to be utilized as additional storage or room for another commercial concern.
The first floor consists of three flats, one larger than the other two , with balconies.
Each flat comprises-
2 spacious bedrooms with built-in cupboards
spacious lounge
Full bathroom
Compact kitchen
All flats are well maintained, with tiled or parquet floors. Within walking distance to multiple schools and amenities.
The rear yard area comprises five lock-up garages that can be used for motor vehicles or as storage facilities.
There is ample street side parking for clients and visitors.
Features
Zoning
Mixed Use
Title
Freehold
Exterior
Security
No
Parking Bays
Open Parkings
5
Sizes
Floor Size
991m²
Land Size
991m²
STREET MAP
STREET VIEW
