Enjoy steady passive income from a well-positioned commercial block in a busy retail hub, featuring seven fully tenanted shops, prepaid meters and on-site caretaker accommodation generating R35,000/month.
Rental Income
This well-positioned commercial property offers 7 fully tenanted shops, making it an excellent investment for buyers seeking steady and reliable income. The property currently generates R35,000 per month, with each shop operating on prepaid electricity, ensuring easy management and low overheads.
At the back of the building is a dedicated caretaker’s living quarters, providing on-site oversight and improved upkeep of the premises.
This is a rare opportunity to acquire a solid, income-producing asset with long-term growth potential.
Key Features:
7 shops – all fully tenanted
Monthly income: R35,000
Prepaid electricity for every shop
On-site caretaker accommodation
Low-maintenance investment
Ideal for expanding your commercial property portfolio
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R3,450,000
Turffontein offers a mix of established residential areas and convenient access to amenities, making it a practical choice for families and individuals seeking a central Johannesburg location.
* Distances and amenities are approximate.