Property Layout
Side 1 (Showroom)
Back storage area
2 toilets
Side 2 (Workshop)
3 toilets
Kitchen
Small office/store room
Shared Features
Interleading access between both sides
Large roller door at the entrance for added security
?? Rental & Tenant
Current rental: R16,000 per month
Tenant is likely to stay on, which provides stability and reduces vacancy risk.
?? Investment Perspective
Pros:
Dual-purpose space (showroom + workshop) makes it versatile.
Multiple toilets and facilities support higher staff capacity.
Roller door adds strong security appeal.
Existing tenant reduces immediate risk.
Considerations:
Check lease terms (length, escalation rate, renewal options).
Assess maintenance costs (roller door, plumbing for multiple toilets, kitchen upkeep).
Compare rental yield against similar properties in the area.