- 16
- 8.5
- 1 069 m2
- 744 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1800.00
Monthly Levy: ZAR 0.00
Property description
Welcome to a prime investment opportunity strategically located in a bustling commercial district. This property offers a unique blend of residential and commercial spaces, presenting an enticing prospect for savvy investors seeking lucrative returns.
Residential Space: Floor 1 boasts a collection of seven meticulously designed flats, catering to various lifestyle needs:
- Flat 1: A spacious 4-bedroom oasis spanning 185.59m², featuring 2 bathrooms, an open-plan kitchen, living area, and ample built-in cupboards.
- Flat 2 & 3: Two charming 1-bedroom retreats, each offering a cozy bathroom, open-plan living area, kitchen, and built-in cupboards. Sized at 53.59m² and 56.59m² respectively.
- Flat 4, 5 & 6: These well-appointed flats comprise 2 to 3 bedrooms, with sizes ranging from 60.59m² to 94.59m². Each unit features a bathroom, open-plan living space, kitchen, and convenient built-in cupboards.
- Flat 7: A delightful 2-bedroom haven spanning 80.59m², complete with a bathroom, open-plan living area, kitchen, and comfortable living spaces.
Commercial Space: The ground floor is dedicated to four thriving retail units, ideal for entrepreneurs looking to establish or expand their businesses:
- Shop 1: 95m²
- Shop 2: A spacious 219m²
- Shop 3: 35m²
- Shop 4: 60.80m²
Additional Features:
- Secure parking for up to 5 vehicles, ensuring convenience and safety for residents and visitors alike.
- Secure entrance to the second floor, providing peace of mind and privacy.
- Common areas totaling 311.55m², including parking, a storeroom, foyer, and toilet facilities.
- A generous total property size of 1069.80m², offering ample space for both residential and commercial activities.
Investment Potential: With its diverse range of residential and commercial offerings, this building presents a golden opportunity to secure a steady income stream for your retirement. Whether you're a seasoned investor or a first-time buyer, this property promises exceptional value and growth potential.
Don't miss out on this exceptional investment opportunity. Contact me today to schedule a viewing and explore the potential this building has to offer. Your prosperous future awaits!
Property Details
- 16 Bedrooms
- 8.5 Bathrooms
- 5 Undercover Parking
- 6 Open Parking
- 7 Flatlet
Property Features
- Storage
- Alarm
- Entrance Hall
| Bedrooms | 16 |
| Bathrooms | 8.5 |
| Floor Area | 1 069 m2 |
| Erf Size | 744 m2 |
Contact the Agent
Cindy Papgis
Candidate Property Practitioner