Property features

R5 950 000
Rates R9300 pm

Property Details

Unique Investment Opportunity: Commercial Building with Student Apartments, Offices, and Retail Space with a yield of 7.34% Discover an exceptional investment opportunity in the heart of the city! This prime commercial building offers a versatile space that combines student apartments, modern offices, and retail units, creating a lucrative income stream for savvy investors. Key Features: Strategic Location: Situated in a high-traffic, central location, this commercial building enjoys maximum visibility and accessibility. It's nearby colleges, corporate offices, and shopping districts, ensuring a constant flow of potential tenants and customers. Student Apartments: The property boasts a dedicated section of well-designed student apartments. These spacious and fully furnished units are in high demand, offering a stable and reliable rental income. Catering to the growing student population. Modern Offices: Elevate your rental income with contemporary office spaces that cater to the needs of businesses in the area. These offices are equipped with cutting-edge facilities, making them attractive to startups, established firms, and entrepreneurs alike. Retail Space: The ground floor of the building features prime retail spaces. With large storefronts and high foot traffic, these areas are ideal for retailers, restaurants, or service providers looking to tap into the urban market. Ample Parking: A spacious parking facility ensures convenience for tenants and visitors, public parking in front of the building makes this property even more attractive. Security and Maintenance: Top-notch security systems and efficient maintenance services are in place to ensure a hassle-free experience for tenants and peace of mind for investors. Proven Income History: The property has a consistent rental income and is primed for further growth in value and demand. Don't miss out on this golden opportunity to diversify your portfolio and secure a steady income from a dynamic mix of student apartments, offices, and retail spaces. Act now and capitalize on the potential of this exceptional commercial building!