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Investment opportunity on busy road - building with flats and shops

Jamaica, Gauteng Province, Johannesburg - view exact location

Commercial Real Estate information

Terms of alienation: Simple sale

Owned Area Size: 1000 sq.m.

Description

INVESTMENT OPPORTUNITY ON BUSY ROAD - BUILDING WITH FLATS AND SHOPS



This commercial building on a busy corner stand in The Hill is priced to go! The area of The Hill is close to JHB City. various schools and churches and major transport routes. This property represents an opportunity to get into the commercial investment property league…



This property enjoys six shops (potential rental income of R15 000 plus). three flats (two with two bedrooms. one bachelor with a potential rental income of R9 500) representing a initial rental income of R24 500. The building is currently 80% let. but it needs a new owner with a new vision to take it to its former glory! Are you that new owner?



Give us a call today - lets view. lets negotiate and lets do a deal!