Property features

R4 295 000
Rates R7500 pm

Property Details

Great Income Investment Opportunity! This commercial property is perfect for investors looking for a reliable income stream. With a commercial lease in place for a further 1 year, you can enjoy peace of mind knowing that your investment is secured. Currently, the property is being leased by a school, making it an attractive option for those in the education industry. Take advantage of the existing infrastructure and lease, at the commencement of the lease, explore other potential uses for this versatile space. Building One offers ample space and functionality. Upstairs, you'll find bathrooms, a kitchen, 6 spacious rooms currently being used as classrooms and an office, as well as a large landing area and balcony. Downstairs, there are 4 additional classrooms, a storeroom, a bathroom, a reception area, a large main open area, and even a built-in indoor braai for added convenience. Building Two features a large classroom upstairs, perfect for workshops or seminars. Downstairs, there is a garage, one room that can be utilized in various ways, a kitchen, and a bathroom. Don't worry about parking - this property offers shade nets to accommodate 2 cars. Additionally, there is plenty of outdoor space being used as a playground/sports area, providing opportunities for outdoor activities and recreation which could be converted to parking. For added convenience and peace of mind, a generator is included with the property. This ensures that your operations can continue smoothly even during power outages. Don't miss out on this excellent investment opportunity. Contact us today to schedule a viewing and explore the potential of this well-equipped commercial property.