The property in Forest Street, Turffontein has multiple income-generating opportunities from both commercial shops and residential rooms. The monthly rental income can be described as follows: Needs a little TLC
Water & Electricity is pre-paid
Shop rental income:
Barber shop
Tailor shop
Salon rental
Inside the main house:
2 rooms
Outside rooms:
6 Large Rooms
Additional business rentals:
Fish and Chips shop
Fruit and Veggie shop
Flatlet rental:
1 Flatlet
The main house contains a bathroom fitted with a shower, basin, and toilet for the indoor tenants. Outside, the property provides shared ablution facilities for multiple tenants, consisting of 2 outside toilets and 1 outside shower.
This property offers strong rental income potential through a combination of retail businesses and multi-tenant residential accommodation in a busy area of Turffontein, Johannesburg.
Total estimated monthly rental income = R30,350 per month.
This mixed-use property provides both residential and commercial income