For sale: Multi-use investment property in Hendrina

This commercial property draft in Hendrina, Mpumalanga, presents an exceptional income-producing investment opportunity, combining residential accommodation and retail premises on a single erf.

Currently tenanted, the property is well-positioned for investors seeking a diverse rental portfolio.

The mixed-use premises include a three-bedroom house with a functional bathroom, providing a comfortable living space. Additionally, there are two two-bedroom flats and seven bachelor flats, catering to a variety of tenant needs. The property also features twelve rooms, some of which are equipped with communal bathrooms and kitchens, ideal for shared living arrangements. Alongside the residential features, the property offers several business offices and shops, enhancing its appeal as a multi-tenanted investment.

With a generous floor size of 2855m2, this property is fully fenced and includes a borehole, although the pump is currently not in use. The premises are secured with a brick wall and lead windows, while the interior boasts plaster walls and tiled floors, ensuring a durable and attractive environment for tenants.

Prepaid meters are fitted, adding convenience for both property management and tenants.

Located conveniently near a minibus taxi service, the property benefits from excellent accessibility, making it an attractive option for those seeking rental accommodations in the area.

This unique combination of accommodation and retail space offers an established rental income along with opportunities for further development.

Rental schedules and tenancy details are available upon request, making this property a prime consideration for any investor looking to expand their portfolio in a growing area.