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Secure steady rental income in the heart of East London's vibrant Oxford Street CBD; fully tenanted with a TVET college, retail shops, high foot traffic, and on-site parking for eight vehicles.
Prime Oxford Street Commercial Investment
Positioned on Oxford Street in East London’s busy CBD, this double-storey commercial property offers a solid investment with multiple income streams and established tenants.
The property is fully tenanted, anchored by a TVET College, with additional income from two hair salons and a general grocer, ensuring steady rental returns and strong foot traffic.
The ground floor features high-exposure retail space, a salon, and a professional office suite with three offices, a boardroom, kitchen, and bathrooms. The first floor is entirely occupied by the TVET College and includes a reception area, seven classrooms, a kitchen, and separate male and female ablutions.
Additional benefits include extra retail space suitable for a takeaway, backyard access, on-site parking for up to eight vehicles, and excellent visibility in a prime CBD location.
Listed for sale at R4,700,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 83 listings in East London (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 16% below the median. Floor size is 60% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Affordability
R 46,137 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
83 similar listings
High similar-home inventory town-wide (East London)
Median time on market: 185 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Belgravia in East London offers a blend of established residential living with convenient access to essential amenities and the city center, making it an appealing location for families and professionals.
* Distances and amenities are approximate.
