R1 940 000

Property features

  • R1 940 000
  • Security Estate

Property Details

Introducing a prime investment opportunity at a reduced price in the bustling heart of Geduld, Gauteng, South Africa. Located at 311 3rd Street, this commercial-retail property is the ideal choice for business owners and investors looking to capitalize on a high-demand area with significant redevelopment potential. This property is perfectly positioned on a corner lot in the city center, drawing heavy foot traffic from busy nearby amenities, including a shopping mall, schools, a hospital, and transport hubs like subway and railway stations. This occupied by owner property offers an expansive 248 square meters, with a flexible layout suitable for various business needs. Currently utilized as a retail store specializing in clothing, the building includes a generous 180 square meters of retail space, 40 square meters dedicated to manufacturing, and an additional 20 square meters for storage. The single-story structure provides eight rooms and six restrooms, encompassing contemporary features like an open eat-in kitchen, a cloakroom, and staff accommodation. The property boasts an array of premium amenities, ensuring comfort and security for you and your clientele. With central air conditioning, a sophisticated security system, surveillance cameras, and an alarm, you can conduct business worry-free. The premises also include a microwave and maid’s bathroom for added convenience. Plus, its solid brick, concrete, and glass siding construction ensures durability and low maintenance. With its prominent location on a busy road and easy access to highways, motorways, and parks, this property is not only a prestigious address but a strategic one for capturing a broad customer base. Additionally, the generous parking space for eight vehicles will be a significant advantage for retailers. Seize this rare opportunity to own or reinvent a commercial space in a safe and well-frequented locale that embraces pets and welcomes redevelopment.

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