This pristinely maintained 1779 sqm commercial property, situated near the CBD, presents an exceptional investment opportunity. Currently, the property offers eight fully occupied 2-bedroom flats, each with a pre-paid meter and a private security gate, ensuring steady rental income.
The property is securely fenced, neatly paved, and provides ample carports. Additionally, a dedicated space at the back offers room for a laundry or kitchen, adding convenience for tenants.
With building plans and zoning already in place, this property holds immense potential for future expansion. Investors can explore possibilities such as developing additional flats, converting space into commercial units, or incorporating modern co-living or student accommodation – all of which are high-demand
options in South Africa’s growing rental market.
This property is a rare find, perfect for an investor looking to capitalize on current and future returns.
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