Owner Asking R1.700.000 , Is Willing To Negotiate Offers From R1.299.999
Discover this exceptional commercial property located on the bustling Main Road in Newlands, perfectly situated for maximum visibility and customer traffic. With full business rights and a strong tenant base, this property is an ideal choice for investors looking for a secure and profitable venture.
Property Highlights:
Strategic Location: Prime positioning on Main Road in Newlands, ensuring excellent exposure and accessibility.
Impressive ROI: Enjoy a robust return on investment with a 10%+ ROI, making this property a fantastic long-term asset.
Current Tenant Breakdown andamp; Rental Returns:
Shop 1: R4,050 – No Plates and Licensing
Shops 2 andamp; 3: R4,800 – Checkers Supplier, SPLASH
Shop 4: R4,500 – Radiators
Specialist
Shop 5: R4,500 – Optometrist
With reliable, long-term tenants across diverse industries, this property ensures stable income and minimal vacancy risk. Don't miss out on this lucrative investment opportunity in one of Newlands' most vibrant commercial zones!
Why to buy?
1. Prime Location, High Visibility
Situated on the Main Road in Newlands, this property benefits from heavy foot and vehicle traffic, ensuring consistent exposure and drawing in both locals and passersby. Location is everything in commercial real estate, and this spot ticks all the boxes.
2. Solid, Reliable Tenants
The property has a stable mix of tenants, from a licensing business to a Checkers supplier, an optometrist, and more. These diverse businesses mean steady rental income across industries, lowering the risk of vacancy and providing peace of mind for investors.
3. High Return on Investment (ROI)
With a 10%+ ROI, this property stands above average in investment returns. It's not only covering costs but also creating strong, passive income—ideal for investors looking for robust cash flow with minimal effort.
4. Business Rights and Zoning Advantages
With business rights secured, the property is equipped to support various commercial activities, adding to its flexibility and appeal. Any future tenant adjustments or expansion in the business mix can be easily accommodated.
5. Growth Potential in Newlands
Newlands is a developing area with a growing economy, making this property a wise choice for capital appreciation. Over time, as the area continues to thrive, property values and demand are likely to increase, ensuring long-term asset growth.
6. Low Maintenance and Turnkey Opportunity
With good tenants already in place and a structure that requires minimal intervention, this is a relatively hassle-free investment. The steady flow of rental income allows investors to focus on other ventures without frequent maintenance concerns.
7. Future Flexibility
As a well-situated commercial property with varied tenants, it offers flexibility for potential changes or expansions. The owner could always explore new rental strategies or tenant adjustments in the future to further optimize returns.
Investing in this property means buying into consistent revenue, asset growth, and financial security—all in a prime location. Perfect for investors who want to make their money work for them!
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