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Effortless income generation for investors on a busy main road with excellent public transport and high visibility — twelve-unit complex, ten tenanted with dedicated branding areas and R90,000 monthly income.
Perfect opportunity for investors, featuring multiple units!
- Erf size: 1096 sq m
- GLA: approximately 860 sq m
- Zoning: Commercial
- Monthly income: approximately R 90,000
This property consists of 12 units, 10 currently tenanted with active leases. Strategically located next to the main road and public transport, it offers excellent exposure for office, retail, and other uses, with dedicated branding areas for each unit.
Don’t wait – call us today!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R5,500,000
Price increased by 18.2% to R6,500,000
Richmond Hill is a vibrant, historic neighborhood in Gqeberha known for its charming Victorian architecture, tree-lined streets, and a bustling, eclectic culinary scene that appeals to young professionals and creative residents.
* Distances and amenities are approximate.
