Well positioned in a busy and established part of Newlands, this commercial property presents an excellent investment opportunity with immediate rental return.
The property consists of five small retail shops, currently generating a total monthly rental of R17,500. The layout is practical and well suited to a variety of convenience retail or service-based tenants, ensuring steady demand.
Set on a 495 m² stand, the property offers good accessibility and visibility within the area, making it an attractive option for investors seeking a manageable, income-producing asset.
A solid opportunity to acquire a tenanted commercial property in Newlands, Johannesburg.
Key Features:
• 5 retail shops
• Total rental income: R17,500 per month
• Established commercial location
• Easy to manage investment
• Strong rental potential