NEW
Web Ref CL10116
R3,500,000
45 New Street
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Monthly Rates
R2,000
R2,000
Prime Investment Opportunity – Wagon Wheel Property
An exceptional mixed-use investment property generating approximately R40,000 per month in rental income. Strategically located and linked to the thriving Pepper Grove Mall, this property offers both commercial and residential components, ensuring consistent returns.
Key Features:
Anchor Tenant: A well-established restaurant as the main commercial occupant.
Residential Units: One cottage and six bachelor flats, ensuring additional steady rental income.
High Growth Potential: Positioned next to Pepper Grove Mall, benefitting from increasing foot traffic and future expansion.
Investor’s Dream: Strong rental yield, prime location, and diverse tenant mix.
Don't miss out on this rare opportunity to own a high-income-generating asset in a sought-after area. Enquire today!
Key Features:
Anchor Tenant: A well-established restaurant as the main commercial occupant.
Residential Units: One cottage and six bachelor flats, ensuring additional steady rental income.
High Growth Potential: Positioned next to Pepper Grove Mall, benefitting from increasing foot traffic and future expansion.
Investor’s Dream: Strong rental yield, prime location, and diverse tenant mix.
Don't miss out on this rare opportunity to own a high-income-generating asset in a sought-after area. Enquire today!
Features
Zoning
Mixed Use
Title
Freehold
Exterior
Security
Yes
Sizes
Floor Size
367m²
Land Size
670m²
Extras
24 Hour Access; 24 Hour Response; Electric Gate; Secure Parking
