Mix-use, this property presents a unique business opportunity, strategically located in the heart of Central Bellville's business district.
Currently, with the existing tenant in place, this property generates a net income of R2,100,000 per annum, or approximately R175,000 per month.
Currently leased to multiple tenants, providing a steady and attractive return on investment.
The ground floor hosts an established businesses, while the two upper floors offer potential for accommodation, capitalizing on the growing demand for student housing in Bellville.
The property boasts easy access to local markets, shopping centers, transportation hubs, and various amenities, making it an attractive investment prospect.
This beautiful property is in need of some tender loving care (TLC) to unlock its full potential. With some renovation work, it can be restored to its former glory.
To schedule a viewing or request additional details, please don't hesitate to contact Aza.
We welcome all offers and look forward to hearing from you.