Property Details

Centrally located and meticulously maintained, this versatile commercial property offers an excellent investment opportunity with a variety of uses.

The ground floor currently hosts three reliable tenants, generating a combined rental income of R75,000 per month. These tenants are open to signing long-term leases, ensuring stable revenue for the foreseeable future.

The second floor, beautifully restored, offers 460 square meters of adaptable space. It includes a kitchen area and ample ablution facilities, making it ideal for storage or even a church gathering.

The third and fourth floors have also been carefully renovated and were previously utilized as a school. Each floor features eight spacious classrooms, extensive ablution facilities, kitchen areas, office spaces, and strong rooms, providing all the necessary amenities for educational use.

There is a courtyard above the 2nd floor which can act as a nice tea time or lunchtime outdoor option.

An elevator is installed in the building; however, it requires an overall or replacement. Despite this, the large stairwell ensures easy access to all floors.

Contact me now for more information or to arrange a viewing of this exceptional property!

Property Features

  • Property Type Business
  • Building Size 1,780m²
  • Stand Size 607m²

Associated Costs

  • Rates & Taxes ± 20154

Location

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