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Strong investment in a central location close to shops and transport — four two-bedroom units plus cottage generate R23,300/month; prepaid meters, ample storage and five parking spaces.
This commercial property has a lot to offer its new owner.
Property Features
- 4 two-bedroom units
- 1 cottage
- Each unit includes 1.5 bathrooms (a bath, a basin, and a toilet)
- Each unit is equipped with a prepaid electricity meter, water meter, and ample storage space.
Each unit generates a rental income of R5200, while the cottage brings in R2500, excluding water and electricity costs. Currently, the property generates a total income of R23,300.00.
There are 5 available parking spaces. The property requires a little touch-up.
Call me now to schedule your appointment!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,200,000
Judiths Paarl is a centrally located, high-density urban area in Johannesburg that offers businesses strategic proximity to the inner-city commercial hubs and major transit routes, making it suitable for small-to-medium enterprises and light industrial operations.
* Distances and amenities are approximate.
