Ideally positioned on the bustling Helen Joseph Road, this well-located corner property presents an exceptional investment opportunity with strong income-generating potential.
Price excludes VAT. The property comprises retail shops on the ground floor and residential units on the upper level, creating a diversified income stream from both commercial and residential tenants. Currently generating in excess of R62,000 per month, the property benefits from a stable tenant base and consistent rental income.
While the building would benefit from renovation and modernization, it offers significant upside potential for investors looking to enhance value and increase returns. Its prominent corner position ensures excellent visibility, exposure, and accessibility, while the high volume of passing traffic provides strong support for the retail component.
Property Highlights:
Prime corner position on busy Helen Joseph Road
Ground-floor retail shops with residential accommodation above
Monthly rental income exceeding R62,000
Stable and established tenant mix
High-exposure location with excellent passing trade
Value-add opportunity through renovation and refurbishment
Ideal for investors seeking long-term growth and income
This is a rare opportunity to acquire a mixed-use property in a sought-after commercial corridor with proven income and substantial future potential.