Commercial for sale
Secure passive income in central Klerksdorp — fully tenanted mixed-use block with 20 large bachelor/one-bedroom units and two shops, moments from shops, schools and services.
Rare income-generating investment opportunity
Situated at 63 Emily Hobhouse Street, Klerksdorp, in the established Klerksdorp Central area.
The property consists of a block of 20 large bachelor / one-bedroom-style residential units, each offering tiled interiors, a bedroom area, lounge/dining space, separate kitchen, and separate bathroom. The apartments are generously sized, making them highly practical for long-term residential tenants seeking affordable and central accommodation.
At ground level, the property further includes 2 commercial shop units, creating a mixed-use income profile with both residential and commercial rental streams.
The property is currently fully tenanted and produces a strong monthly income. Based on the provided summary, the current total monthly income is approximately R45,500, with a current net income of approximately R19,633.70 per month after expenses, salaries, and maintenance. The summary also notes potential future income improvements through rental increases and paid parking, which could increase the projected net income to approximately R23,633.70 per month.
The property is centrally located and benefits from being close to key amenities, including shopping facilities, schools, police services, fuel stations, and medical facilities. This strengthens the rental appeal for tenants who need convenient access to transport routes, employment nodes, shops, and essential services.
Key highlights:
20 large residential units
2 commercial shop units
Fully tenanted
Mixed residential and commercial income
Central Klerksdorp location
Strong monthly income profile
Potential to increase future income through rental adjustments and parking
Well positioned near shops, schools, public services, and medical facilities
AUCTION INFORMATION
Auction Date : Tuesday 30th June 26
Auction Time : 14H00
Auction Venue : On-site, Online & Telephone bidding
Viewing Onsite from : 12H30
Klerksdorp Central serves as the bustling commercial and administrative heart of the city, offering residents convenient access to essential services, established schools, and a vibrant urban lifestyle.
