Commercial Building with Great Income Potential in Windermere

Prime Property presents

This two-storey commercial building, ideally located just off Umgeni Road, offers a prime investment opportunity with significant income potential. The property is currently divided into rentable units, providing a stable stream of separate rental incomes.

The building's layout is adaptable and suitable for a wide range of businesses, including clothing manufacturing, warehousing, office space, or other retail ventures.

The ground floor is currently tenanted by a Sound Shop, a Take Away, Carpenter Workshop, and a Factory Shop, ensuring a high level of foot traffic and immediate income for the new owner.

Property has great development potential. The current owner has proposed plans to convert the building into student accommodation, highlighting the property's potential for a higher-yield investment representing a great opportunity for investors and entrepreneurs seeking a versatile property with multiple income streams and future development potential in a high-demand area.

The new owner has the flexibility to occupy a portion of the building for their own business while continuing to rent out the remaining units, creating a balanced and profitable investment.

Property's strategically located, ensuring easy access and high visibility, with public transportation, conveniently located at the doorstep.