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280m² Building For Sale in Ocean View

280m² Building For Sale in Ocean View

R1,600,000

Web Ref CL70

280m² Building For Sale in Ocean View

Type: Two-Storey Block
Market Position: Below Market Value
Income Potential: Mainstream income opportunities

1st Floor: Business Opportunities
Features:
- Three distinct business spaces available.
- Ideal for retail, services, or office use.
- High foot traffic area in the heart of Ocean View, attracting customers and clients.
- Excellent visibility and accessibility for pedestrians and vehicles.
- Ample parking facilities, making it convenient for both customers and tenants.

2nd Floor: Rental Flatlets
- Three self-contained flatlets, each featuring:
1 Bedroom
1 Bathroom
Lounge
Kitchen
Income Generation: Each flatlet can be rented out for additional income, contributing to the overall revenue of the property.
Investment Highlights**
Prime Location: Positioned in a bustling area, ensuring consistent demand for both commercial and residential spaces.
Revenue Streams: Multiple income sources from the businesses on the first floor and rental income from the flatlets on the second floor.
Accessibility: Easy access to public transport and major roads, enhancing attraction for customers and tenants alike.
Parking Availability: Abundant parking options that cater to both business patrons and residential tenants, increasing the property's appeal.

This property presents a unique opportunity for investors seeking a below-market value commercial asset with diverse income potential. Given its strategic location, multiple income streams, and accessibility, it promises not only profitability but also long-term growth in a vibrant community setting.

Features

Zoning Commercial
Exterior
Security
No
Sizes
Floor Size 280m²
Land Size 280m²
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