This versatile, income-generating property is strategically situated on the high-visibility south-eastern corner of Bedford Street and Rothsay Avenue in the heart of the Benoni CBD. Offering a rare combination of retail and office space, this property is an ideal addition to a discerning investor's portfolio.
Property Highlights
- Prime Location: Command a prominent corner position in a bustling commercial hub.
- Diverse Income Streams: The building features high-traffic ground-floor retail shops (595m²) and professional office spaces (595m²) across the first and second floors.
- Proven Performance: Currently generating a gross monthly rental of R74,233.00 at 80% occupancy.
- Development Potential: Originally designed as a residential building with communal bathrooms, the layout offers unique flexibility for future conversion or optimisation.
- Flexible Leasing: Currently operating with short-term leases, providing the new owner with immediate agility in management and tenant selection.
Note to Investors: This property represents a robust letting enterprise with a solid footprint in a central location. Whether you are looking to maintain its current commercial success or explore its residential heritage, this is a value-driven acquisition.
Don't miss out on this opportunity. Contact Desmond Sweke at 082 552-7385 to arrange a private viewing.