Versatile Commercial Property with Full Business Rights. Excellent Investment Opportunity
This well-positioned 512 sqm property on a large 1,276 sqm stand has been converted into functional office space and offers an excellent opportunity for investors or business owners. The property carries special zoning for General Business, allowing for a wide range of commercial uses.
Currently generating a monthly income of R45 000 (R540 000 per year), this property presents a solid income-producing investment.
The building is well configured for business operations and includes 5 private offices and a communal workspace, making it suitable for professional services or shared office environments. The property further offers 4 bathrooms, 1 kitchen for the commercial spaces, and 2 lounge areas, creating practical and comfortable working spaces.
The residential component of the property consists of flatlet-style accommodation, including three 3-bedroom units that share 2 kitchens and living areas, as well as a separate two-bedroom flat, contributing to the rental income potential.
Additional improvements include 2 storage sheds, providing convenient extra storage space.
Property Features:
Floor size: 512 sqm
Stand size: 1 276 sqm
Special zoning – General Business
Full business rights
5 offices
1 communal workspace
4 bathrooms
1 kitchen for commercial use
2 kitchens for residential units
2 lounge areas
3-bedroom units sharing kitchens and living areas
Separate 2-bedroom flat
2 storage sheds
Monthly income: R45 000
Annual income: R540 000
Rates & Taxes: R3 661
This versatile property is ideal for medical consulting rooms, professional offices, restaurants, retail businesses, or mixed-use commercial ventures.
A fantastic opportunity to secure a well-located commercial property with established rental income and full business rights.
