Perfect for investors seeking reliable cashflow and high-visibility on the N2 highway, with tenant renewed five years, rentable billboard income, and three developable land portions.
A unique opportunity is now available for the seasoned investor looking to diversify or grow their property portfolio with a current tenant that has renewed for an additional 5yrs.
This property has high visibility as it is located along the N2 highway with a billboard that can be rented for additional income. The property has 3 portions of open land attached to it which can be further developed and add additional value.
External features;
*6 manholes
*Covered loading area
*3,4mx5m light vehicle loading bay
*3,7mx17m heavy vehicle loading area
*100+ parking bays
*sceptic tank
Internal Features;
*Male & Female ablution area
*Offices
*Storage
*Changing rooms
*Temporary Partitions
Due dilligence only to be presented after signature of NDA & accepted LOI.
Call now to make arrangements to secure this incredible investment opportunity.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R65,350,200
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 509 listings in East London (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 34% below the median. Floor size is 5016% 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
Market depth
509 similar listings
High similar-home inventory town-wide (East London)
Median time on market: 164 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
Wilsonia is a peaceful residential area offering a suburban lifestyle with convenient access to essential amenities and the broader East London area.
* Distances and amenities are approximate.