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Entrepreneurial opportunity in vibrant Soweto, steps from schools, shops and freeways—corner property with three income-generating units, ideal for conversion or expansion.
Prime Investment Alert – Perfect Opportunity for the Savvy Investor!
Introducing a fantastic investment opportunity in the heart of Soweto – a well-maintained property comprising three spacious units. Perfectly positioned for convenience and rental income, this property is zoned for any type of business, offering tremendous development potential for further expansion or conversion to increase income streams.
The solidly built property features three units, all together sitting approximately 367 square meters. Each space is adaptable for various business operations, with current tenants including a grocery shop, a car spray business, and a mechanic workshop. The potential for transformation is vast, allowing you to turn this corner property into a single thriving business or explore options like a bed and breakfast, multi-tenant flats, a tavern, or a chesa nyama. The property is well-equipped, featuring two toilets and a kitchen within the grocery shop for added convenience.
Additional features include prepaid electricity and water meters for each unit, ensuring ease of management and utility control. This property currently generates R12,000 in monthly rental income, with significant potential to increase returns through business conversion and expansion.
Centrally located, this property provides easy access to major freeways, schools, and shopping centers, making it an attractive choice for tenants. Whether you’re an experienced investor or new to the property market, this commercially zoned block offers excellent value, steady returns, and impressive future development potential.
Don't miss this opportunity to secure a legacy investment for your future. Book an appointment to view this amazing space today!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,200,000
Price reduced by 10.0% to R1,080,000
Mapetla is a predominantly residential township in Soweto that offers high-density consumer foot traffic and emerging opportunities for small-scale retail and service-oriented businesses looking to tap into the local community market.
* Distances and amenities are approximate.
