Discover a Unique Investment Opportunity in Lenasia South, Johannesburg
Unlock the potential of a prime commercial property strategically located in Lenasia South, Johannesburg. Zoned for Business 3 and Residential 2, this property offers an exceptional opportunity for expansion, mixed-use development, or conversion into medical suites, retail spaces, or additional residential units. Another option schooling or training classes.
Currently, all 11 units are fully let, ensuring immediate income while you plan for future growth. The property is situated on a well-positioned site with excellent exposure and accessibility, making it the perfect foundation for developers or medical professionals eager to meet the area's growing demand.
Key Features
Zoning Flexibility:
Business 3: Ideal for clinics, medical suites, offices, or retail establishments.
Residential 2: Suitable for medium-density flats or apartment-style housing.
**Income Potential: Ample scope to build additional rental units for long-term passive income.
Medical Conversion Opportunity: Perfect for transforming into medical practices or wellness centers.
Prime Location: Situated near busy arterial roads, public transport options, schools, and well-established neighborhoods.
Development Potential: The large erf size allows for vertical expansion or subdivision to maximize your investment.
Why Invest in This Property?
Multi-Zoning Advantage: Enjoy rare mixed-use flexibility within this price range, offering diverse development possibilities.
Expansion Ready: Seamlessly add residential flats, medical rooms, or a combination of both to enhance the property's value.
Rental Growth Potential: Significantly increase income through full tenant occupation and strategic development.
Owner-Occupier Ready: Perfect for medical practitioners, lawyers, salons, or retail brands looking to establish a presence.
Strategic Location: Located in the heart of Lenasia South, benefiting from consistent foot and vehicle traffic for maximum visibility.
Seize this rare opportunity to invest in a versatile property with immense potential. Whether you're a developer, investor, or business owner, this property offers the flexibility and location you need to succeed in Lenasia South.
Price excluding VAT.
