158m² Building For Sale in Mitchells Plain Central
R3,499,000
Web Ref
CL72
Commercial Building for Sale – Prime Investment Opportunity
This busy, high-traffic commercial hub presents an excellent opportunity for investors seeking long-term returns. Located in a prime area, this building is currently generating steady rental income and offers potential for future growth.
Key Features:
Ground Floor:
Fully leased to 2 shops, providing consistent rental income.
Upstairs Area:
12 bedrooms with 5 shared bathrooms, offering flexible usage options.
Current Rental Income:
R37,500 per month.
Lease Terms:
Tenants are on a year-to-year lease with the current lease expiring in June annually. The new owner will have the option to renew or explore other leasing strategies.
Ideal For:
Commercial investors looking for a building with existing tenants and steady income. Current zoning is GB6.
Investors interested in future developments or changing the usage of the upstairs area.
Don't miss out on this exceptional investment opportunity! Contact us today for more details or to schedule a viewing.
Key Features:
Ground Floor:
Fully leased to 2 shops, providing consistent rental income.
Upstairs Area:
12 bedrooms with 5 shared bathrooms, offering flexible usage options.
Current Rental Income:
R37,500 per month.
Lease Terms:
Tenants are on a year-to-year lease with the current lease expiring in June annually. The new owner will have the option to renew or explore other leasing strategies.
Ideal For:
Commercial investors looking for a building with existing tenants and steady income. Current zoning is GB6.
Investors interested in future developments or changing the usage of the upstairs area.
Don't miss out on this exceptional investment opportunity! Contact us today for more details or to schedule a viewing.
Features
Building Name
central Phamacy
Zoning
Commercial
Title
Share Block
Exterior
Security
No
Sizes
Floor Size
158m²
Land Size
158m²
